C&J Energy -9% after pricing 7M-share offering at $32.50

|About: C&J Energy Services, Inc. (CJ)|By:, SA News Editor

C&J Energy Services (NYSEMKT:CJ) -9.6% premarket after pricing its public offering of 7M common shares at $32.50/share.

CJ expects to use the proceeds for general corporate purposes, including to fund 2017 capital spending and growth initiatives.