Why HD Supply Holdings (HDS) Stock Is Down Today

NEW YORK (TheStreet) -- HD Supply Holdings  (HDS) fell Friday after the company priced an offering of common stock.

The company priced 30 million shares at $26 a share, all by selling shareholders.

The stock dipped 1.44% to $25.98 at 10 a.m. More than 6.6 million shares had changed hands, which easily beat the average volume of 1,099,400.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

HDS Chart

HDS data by YCharts

STOCKS TO BUY: TheStreet's Stocks Under $10 has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

If you liked this article you might like

Hurricane Recovery May Lift HD Supply

The Bottom Could Quickly Drop Out of the Stock Market: Market Recon

Wall Street Rebound and Irma - 5 Things You Must Know Before the Market Opens

Congress Is Back in Session and Tax Reform Is Top of Mind - Week Ahead

Will Hurricane Harvey Postpone Fed Tightening?