ISLE Jumps On Delaying Stock Offering

Isle of Capri Casinos ISLE announced today that it is delaying its offering of 9 million common shares. While it cited “recent market conditions” as the reason for postponing its offering, the company remained quiet on when it would sell its stock. ISLE’s shares have plunged 25% since Friday. On that day, the company had disclosed the impact of the acquisition of the Rainbow casino on its immediate finances. ISLE has jumped 10.69% in pre-market. Read more from Benzinga's Company news.