Borqs Tech hits record low on share offering plans
29/09/2021 11:52
** Shares of Borqs Technologies Inc BRQS.O down 6.6% at
$0.59 premarket - a record low
** Communication software and devices maker files for
offering of 101.7 mln ordinary shares through sales by existing
stockholders on Tuesday urn:newsml:reuters.com:*:nFWN2QU0M0
** Stock declined 25.2% in last 15 days
** Up to Tuesday's close, stock had fallen ~36% YTD
(Reporting by Bansari Mayur Kamdar)
((BansariMayur.Kamdar@thomsonreuters.com;))
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