Why Freescale Semiconductor (FSL) Is Up Today

NEW YORK (TheStreet) -- Freescale Semiconductor  (FSL) was rising 3.45% to $18.91 on Wednesday after the company announced it had increased a public offering of common shares to 35 million from 30 million and priced it at $18.50 a share.

The offering is expected to close on Feb. 18. Goldman, Citigroup, Credit Suisse, Deutsche Bank, Barclays, JPMorgan and Morgan Stanley acted as joint book running managers for the offering.

Must Read: Freescale Announces Upsizing And Pricing Of Public Offering Of Common Shares

FSL Chart

FSL data by YCharts

More from Markets

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers