Casella Waste Systems Dives On Its Big Capital Raise (Rating Upgrade)
Casella Waste Systems' stock dropped over 5% due to a sizable new share offering to fund acquisitions and reduce debt. Read why CWST is upgraded to hold.
Why Casella Waste Systems (CWST) Stock Is Falling
Casella Waste Systems Inc. (NASDAQ:CWST) shares are trading lower by 5.44% to $100.92 during Wednesday’s session after the company announced a $450 million public offering of 4.5 million shares at $100 per share.
Casella Waste Systems Announces Proposed Public Offering of Class A Common Stock
Casella intends to use the net proceeds from the offering to finance its previously announced acquisition of Royal Carting and Welsh Sanitation, to repay borrowings under its revolving credit facility and for general corporate purposes.
Why Casella Waste Systems (CWST) Stock Is Trading Lower Today
Shares of waste management company Casella (NASDAQ:CWST) fell 6.3% in the afternoon session after the company announced it is pricing an underwritten public offering of 4.5m shares at $100/share. Notably,
Casella Waste Systems, SES AI And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining around 50 points on Wednesday. Shares of Casella Waste Systems, Inc. (NASDAQ:CWST) fell sharply in today's pre-market trading after the company announced a proposed public offering of Class A common stock.
Vermont Business Magazine18h
Casella closing of Class A common stock offering grosses $517.5 million
The exercise of the underwriters’ option to purchase additional shares brought the total number of shares of Class A common stock sold by Casella in the offering to 5,175,000 and increased the ...
Casella Waste Systems Announces Pricing of Public Offering of 4,500,000 Shares of Class A Common Stock
Casella intends to use the net proceeds from the offering to finance its previously announced acquisition of Royal Carting and Welsh Sanitation, to repay borrowings under its revolving credit facility ...
Amid leachate problems at Bethlehem landfill, Casella bid to change operating plan challenged
In early June, officials from the Department of Environmental Services made an unannounced visit to the landfill in Bethlehem ...
Waste Advantage Magazine10d
Casella Waste Systems, Inc. to Acquire Royal Carting and Welsh Sanitation
Casella Waste Systems, Inc., a regional solid waste, recycling, and resource management services company, announced that it ...
Zacks Industry Outlook Tetra Tech, Casella Waste Systems, Atmus Filtration Technologies and CECO Environmental
Tetra Tech, Casella Waste Systems, Atmus Filtration Technologies and CECO Environmental have been highlighted in this ...
Morningstar4d
Casella Waste Systems Inc Class A
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
Nasdaq11d
Casella Waste Systems, Inc. to Acquire Royal Carting and Welsh Sanitation
RUTLAND, Vt., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling, and resource management services ...
Sun Journal3d
Chesterville Select Board to hold special town meeting
26 to allocate remaining ARPA funds and vote on a new waste management contract with Casella Waste Systems.