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By Chris Wack
Sunnova Energy International shares were down 7% to $14.45 in premarket trading after the company launched an underwritten public offering of $75 million of its common stock.
The energy service company intends to grant the underwriters a 30-day option to buy up to $11.25 million of additional stock.
As of Friday, the stock was down 47% in the past 12 months.
Write to Chris Wack at [email protected]
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