Welltower (NYSE:WELL) Launches US$7.5B Offering, Withdraws US$5B Proposal Amid 5% Rise
Welltower (NYSE:WELL) recently saw a 23% price increase over the last quarter, a move possibly influenced by significant corporate actions and broader market trends. The company announced major equity offering plans, filing for a $7.5 billion offering and withdrawing a $5 billion one, which might have affected investor sentiment. Additionally, stellar earnings results, with net income and revenue up substantially from the previous year, likely bolstered the share price. Amid this, Welltower's...