Astronics Stock Plunges On Convertible Note Offering: But Why?

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.I covered Astronics Corporation (NASDAQ: ATRO ) a couple of days ago with a strong buy rating. Normally, I revisit stocks such as Astronics on a quarterly basis. However, the company just announced the offering of $150 million inDhierin runs the in ...