NYSE:ETRElectric Utilities
Entergy (NYSE:ETR) Announces US$1890 Million Common Stock Offering
Entergy (NYSE:ETR) has recently announced a $1.89 billion follow-on equity offering, which aligns with the company's efforts to bolster its capital for potential ventures and debt management. This financial maneuver, executed as an at-the-market offering, could reflect positively on its agility to adapt to market conditions and might have contributed to the 14% price increase over the last quarter. Furthermore, despite a significant drop in net income and earnings per share on a...