20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Portillo's Inc (NASDAQ:PTLO) shares are trading lower by 8.77% to $22.69 Tuesday morning after the company priced an 8 million share offering for gross proceeds of $183.2 million.
The underwriters have a 30-day option to purchase up to an additional 1,200,000 shares of Class A common stock at the public offering price.
The offering is expected to close on November 17, subject to customary closing conditions.
Portillo's owns and operates fast-casual restaurants in the United States, along with two food production commissaries in Illinois.
According to data from Benzinga Pro, PTLO has a 52-week high of $57.73 and a 52-week low of $14.84.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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