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News  ›  The Motley Fool

Why AI Stock Ceva Was Sliding Hard This Week

The Motley Fool Logo The Motley Fool By Eric Volkman
Why AI Stock Ceva Was Sliding Hard This Week

Ceva announced a secondary stock offering of 3 million shares at $19.50 per share, causing its stock price to drop over 22% for the week due to potential shareholder dilution.

Insights
CEVA   negative

Stock price dropped significantly after announcing a new share issuance that could dilute existing shareholders' value, with potential concerns about the company's financial strategy