Previous close | 2.8700 |
Open | 2.9500 |
Bid | 0.0000 x 4000 |
Ask | 0.0000 x 3100 |
Day's range | 2.6900 - 3.0300 |
52-week range | 2.6100 - 27.6200 |
Volume | |
Avg. volume | 3,670,916 |
Market cap | 240.342M |
Beta (5Y monthly) | 1.68 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Shares of Avaya Holdings (NYSE: AVYA) got destroyed in early Friday trading, down 22.2% as of 10:10 a.m. ET, after the heavily indebted communications software maker announced...it's issuing more debt. Specifically, in an 8-K filing with the SEC, Avaya disclosed that it is selling an additional $150 million worth of "8.00% Exchangeable Senior Secured Notes due 2027." In combination with previous announcements, this means the company will soon have $250 million worth of these debt obligations outstanding.
Investors need to pay close attention to Avaya (AVYA) stock based on the movements in the options market lately.
Avaya (AVYA) fiscal second-quarter results reflect solid adoption of One Cloud solutions as the company transforms from a one-time revenue model to a recurring one.