Cimarex Energy Co. (XEC) announced after the bell Tuesday that it intends to commence a registered public offering of 6,000,000 shares of its common stock. The stock is now down 4.26 on 30K shares.
Cimarex Energy gapped open lower Tuesday and fell during the first hour of trade, before settling into a range. The stock closed down by 1.67 at $114.76.
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