HPE Falls on Stock Offering to Fund Juniper Deal: What Should You Do?

Hewlett Packard Enterprise Company (HPE) saw its stock tumble by 8.5% on Tuesday following the announcement of a $1.35 billion stock offering to fund its pending acquisition of Juniper Networks, Inc. (JNPR) . The offering involves the issuance of mandatory convertible preferred stock, which has raised concerns among investors about potential earnings dilution and a deviation from HPE's earlier plan to fund the deal through cash reserves. This sharp drop has made investors wondering about whether to hold ont ...