Nationstar Shares Fall After Secondary Offering Announced

MarketWatch Pulse

Nationstar Mortgage Holdings Inc. shares declined in the extended session Tuesday after the residential mortgage services company announced a secondary offering of its stock. Nationstar shares fell 4.5% to $29.75 on light volume. The company said it was offering 17.5 million shares, with the option of 2.6 million shares to cover overallotments. Nationstar has 92 million shares outstanding, according to FactSet data.

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