Bruker -1.6% as Morgan Stanley shops 2M-share block

|About: Bruker Corporation (BRKR)|By:, SA News Editor

Bruker (NASDAQ:BRKR) is off 1.6% postmarket after word that Morgan Stanley is offering a 2M-share block.

Those shares are said to come at $48.50-$49 each, Bloomberg reports, vs. today's closing price of $49.61.

Nine shareholders have a holding of at least 2M shares, Bloomberg notes.

Update: The company says the block sale was authorized by board member Joerg Laukien as part of his retirement planning and portfolio diversification.

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