Green Dot Corporation (NYSE:GDOT) plunged 10.63% to $56. The company announced the pricing of its secondary public offering of 4,269,051 shares of its Class A common stock at a price to the public of $61.00 per share. All shares are being offered by existing stockholders.
The company has Price/Sales ratio of 7.09. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $54.11 and $54.11 respectively. At current market price, the market capitalization of the company stands at $2.28 billion.
H&R Block, Inc. (NYSE:HRB) dropped 5.98% to $12.74. Net loss for August-October was $109 million, or 36 cents a share, compared with $128.6 million, or 38 cents a share, in the year-ago period.
Revenue rose 2 percent to $322.9 million. Operating expenses were $501.9 million, down from $540.6 million last year. Analysts were expecting a loss of 38 cents a share, on revenue of $339.5 million, according to Thomson Reuters.
KKR Financial Holdings LLC (NYSE:KFN) fell 3.90% to $9.11. The company announced that it has agreed to sell 18,000,000 of its common shares in an underwritten public offering. The last reported sale price of the common shares on December 7, 2010 was $9.48 per share.
At current market price, the market capitalization of the company stands at $1.44 billion. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $8.96 and $8.42 respectively.
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