
Why Genius Sports Stock Lost More Than 6% of Its Value Today
A seller is unloading 20 million ordinary shares in a public offering. It priced the sale at 12% below the most recent closing stock price.

Genius Sports' stock falls 7% premarket as secondary offering of 20 million shares commences
Genius Sports Ltd.'s stock GENI, -0.82% fell 7% in premarket trade Thursday, after the company said a secondary sale of 20 million shares by selling shareholders had commenced.
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