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Why JELD-WEN Holding Stock Is Falling Today


Shares of
JELD-WEN Holding (NYSE:JELD) fell 10% on Tuesday after the company said shareholder Onex Partners Manager LP would sell down part of its stake. The deal will add to the total number of shares available to trade, which usually puts downward pressure on share price.
So what
On Monday after markets closed JELD-WEN said that Onex intends to offer 10 million shares of the company s common stock for sale. The company will not receive any proceeds from the offering, which will happen in one or more transactions in the days and weeks to come.
Image source: Getty Images.
Onex acquired JELD-WEN, a manufacturer of windows, doors, and other residential construction products, in 2011 and returned it to public markets via a 2017 initial public offering. ....

Onex Partners Manager , ஒநெக்ஷ கூட்டாளர்கள் மேலாளர் ,

JELD-WEN Holding, Inc. Announces Launch of Secondary Offering and Repurchase of Common Stock


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CHARLOTTE, N.C., May 10, 2021 /PRNewswire/  JELD-WEN Holding, Inc. (the Company ) (NYSE: JELD) today announced that Onex Corporation and certain investment funds managed by Onex Partners Manager LP and its affiliates (collectively, the  selling shareholders ) intend to offer 10,000,000 shares of the Company s common stock for sale in an underwritten public offering. The shares will be offered from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to the prevailing market prices or at negotiated prices. ....

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