Recon Technology (RCON) falls 11.02% after hours after $100M ATM equity offering
ByAinvest Wire
Friday, Jul 31, 2026 5:27 pm ET1min read
RCON--
Recon Technology (RCON) shares fell 11.02% in after-hours trading after the company announced an At-the-Market (ATM) equity offering program on July 31, 2026. The program allows the sale of up to $100 million in Class A ordinary shares, a dilutive capital raising event that typically weighs on stock prices.
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