GSE Systems: Falls after stock offering, surprise quarterly loss

GSE Systems

15/08/2019 13:10

** Shares of GSE Systems  GVP.O  down 6% at $2 premarket
    ** Stock among top percentage losers on the Nasdaq
    ** Co files for offering up to $14 mln of its common stock
 urn:newsml:reuters.com:*:nFWN25A1AS
    ** Says intends to use net proceeds towards general
corporate purposes
    ** Co posted a surprise quarterly loss On Wed, after the
bell  urn:newsml:reuters.com:*:nBwbk9XVka 
    ** Up to Wednesday's close, stock up 4.5% this year,
compared to the Nasdaq Composite Index's  .IXIC  17% rise in the
same time

 (Reporting by Bharath Manjesh in Bengaluru)
 ((Bharath.ManjeshR@thomsonreuters.com;  outside U.S. +91 80
6749 8400;))