CareTrust launches stock offering; shares down 5% after hours

|About: CareTrust REIT, Inc. (CTRE)|By:, SA News Editor

CareTrust REIT (NASDAQ:CTRE) commences a public offering of 5.25M common shares. Underwriters over-allotment is an additional 787.5K shares. Price and terms have yet to be announced.

Shares are down 5% after hours.

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