HPE falling on $1.35B stock offering to fund Juniper deal
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Hewlett Packard Enterprise (HPE) shares are falling Tuesday after it initiated sales of $1.35 billion in convertible preferred stock to fund its purchase of Juniper Networks (JNPR), an all-cash acquisition valued at $14 billion.
Market Domination co-hosts Julie Hyman and Josh Lipton break down the story and eye moves in HPE stock.
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This post was written and updated by Luke Carberry Mogan.