Bridger Aerospace Group Holdings Inc (BAER)

Bridger Aerospace Group Holdings Stock (BAER) dropped by 28.96% from $6.13 to $4.36 in the trading on Wednesday October 18, 2023. The reason why BAER stock down today is due to public offering. The company announced a $70 million proposed public follow-on offering to fund growth initiatives. The company sees revenue of $51 million to $55 million for the quarter ended Sept. 30.