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MarketBeat

Business

Jeffrey Neal Johnson

UNBELIEVABLE: Ryman checks into a 1 38b hospitality upgrade - The Untold Story

Ryman JW Marriott Orlando

The market's immediate reaction to secondary equity offerings is almost always negative. When a company issues new shares, existing ownership is diluted, and traders quickly push the market price down to meet the discounted price of the new offering.

Investors saw this adjustment play out with Ryman Hospitality Properties (NYSE: RHP) following its recent acquisition announcement.

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