Why Did REE Automotive (REE) Stock Go Nearly 9% Higher After-Hours On Friday?

The share price of REE Automotive Ltd. (REE) increased 8.61% after-hours on Friday after the company announced the results of its share exchange offer. The stock fell by -29.24% to close at $0.75 at the end of the last trading session. How has REE described its offer results? A previously announced exchange offer (the “Offer”) […]