AVHI News & Analysis

Aveanna Healthcare Stock Slides Amid Market Uncertainty

Aveanna Healthcare shares fell 7.6% in pre-open trading following a secondary offering of 15 million shares at $11.75 per share, a discount to the prior closing price of $12.97. Selling stockholders included affiliates of J.H. Whitney Equity Partners VII and certain current and former directors and officers, with underwriters holding a 30-day option to purchase up to 2.25 million additional shares.