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Linkers Industries Ltd (NASDAQ:LNKS) shares are falling on Friday. The stock traded around 85 cents following a massive 51.36% jump during Thursday’s session.
Investors appear to be locking in profits after the stock closed Thursday at 88 cents.
• Linkers Industries stock is feeling bearish pressure. What’s behind LNKS decline?
SEC Filing Details Unit Offering
The price action follows a Form F-1 registration statement filed on Monday. Linkers Industries is offering up to 18.25 million ordinary units at approximately $0.9864 per unit.
Strategic Expansion in …
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