|Bid||315.00 x 0|
|Ask||490.00 x 0|
|Day's range||416.40 - 435.40|
|52-week range||187.20 - 559.58|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||05 Nov 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Trainline announced on Thursday that it will be create £150m ($206.62m) in convertible bonds to get through the COVID-19 turbulence that has hit the transportation, leisure and hospitality sector since the pandemic began.
As it launches a new convertible bond issue, the potential dilution forces the Trainline share price 7% lower. The post Why is the Trainline share price down 7% today? appeared first on The Motley Fool UK.
While not a mind-blowing move, it is good to see that the Trainline Plc ( LON:TRN ) share price has gained 20% in the...