NRG Energy Stock Falls 8% Over Announcement Of Pricing Of Upsized Secondary Offering

Shares of NRG Energy, Inc. (NRG) are moving down about 8 percent on Tuesday morning trading following the announcement of pricing of its upsized secondary offering of 14.3 million shares held by certain affiliates of LS Power at $164 per share.The company's shares are currently trading at $160.56 on the New York Stock Exchange, down 8.54 percent. The stock opened at $162.85 and has dropped as low as $159.04 so far in today's session. Over the past year, it has traded in a range of $79.57 to $189.96.The sha ...