Why Brixmor Property (BRX) Stock Is Down Today

NEW YORK (TheStreet) -- Brixmor Property  (BRX) dipped Thursday after the company priced an offering of 29.95 million shares at $22.50 a share.

The company increased the size of the deal from 25 million shares. The offering includes a 30-day option for underwriters to purchase up to 4,492,500 additional shares.

The stock was down 0.31% to $22.72 at 11:52 a.m.

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BRX Chart

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