PlayAGS Tumbles on Apollo Offering, Analysts Question Timing
Shares of PlayAGS (NYSE:AGS) plunged Tues after the gaming device manufacturing business announced the sales agreement of to a greater extent than 8.2 billion shares held past private equity strong Phoebus Global Management (NYSE:APO), prompting sell-side analysts to interrogative sentence the timing of the offering. The gillyflower…