Janus Living falls after starting another share offering
10/08/2026 21:38
BUZZ-Janus Living falls after starting another share offering ** Janus Living's JAN.N shares down 2.6% at $29.41 in extended trading as it seeks additional equity
** Senior housing REIT launches 16 mln share offering
** It plans to use net proceeds for acquisition and investment opportunities and general purposes
** Co externally managed by Healthpeak Properties DOC.N went public in Mar after 42 mln share IPO priced at $20, and then priced a 25 mln share offering at $25 in early Jun
** BofA, JP Morgan and Wells Fargo lead bookrunners for the planned follow-on
** Stock closed down 1% at $30.18 on Mon
** 11 of 12 analysts rate the stock "strong buy" or "buy"; median PT $33, per LSEG data
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))