Why GrafTech International's Stock Is Trading Lower Today

GrafTech International EAF shares are trading lower after the company announced a secondary offering of common stock by existing stockholders.

GrafTech is currently down 4.39% to a price of $13.24. Tuesday the stock has been traded at a volume of 7.93 million, about 282.75% of its recent 30-day volume average of 2.81 million.

The 50-day moving average price of GrafTech International's stock was $12.43 when this article was published. The stock reached a high of $14.16 and a low of $5.87 in the past 52 weeks.

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