Pennsylvania-based integrated payment platform, Shift4 Payments, Inc. (FOUR) is 8% down in morning trade on Wednesday. The company has announced a public offering of 1,791,818 class A shares that belong to Searchlight Capital Partners. . Associates of the selling stockholders also want to sell 5,208,182 of their shares in the same offering.

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Pennsylvania-based integrated payment platform, Shift4 Payments, Inc. (FOUR) is 8% down in morning trade on Wednesday. The company has announced a public offering of 1,791,818 class A shares that belong to Searchlight Capital Partners. . Associates of the selling stockholders also want to sell 5,208,182 of their shares in the same offering.

RTTNews | Jul 21, 2021 11:06AM EDT

11:05 Wednesday, July 21, 2021 (RTTNews.com) - Pennsylvania-based integrated payment platform, Shift4 Payments, Inc. (FOUR) is 8% down in morning trade on Wednesday. The company has announced a public offering of 1,791,818 class A shares that belong to Searchlight Capital Partners. . Associates of the selling stockholders also want to sell 5,208,182 of their shares in the same offering.

The company intends to use to proceeds for general corporate purposes.

The shares of the company are trading at $85.21, down $6.47 or 7.05% from their previous close at $91.68. In the morning, the shares opened at $85.17 and in the 52-week period, the shares have moved between $34.24 and $104.11.

Read the original article on RTTNews ( https://www.rttnews.com/3210706/shift4-payments-down-7-sets-public-offering-of-shares.aspx)

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