(RTTNews) - Shares of Accel Entertainment, Inc. (ACEL) are gaining near 7% on Thursday morning despite no stock-related news to drive the shares.
ACEL is currently trading at $11.28, up $0.70 or 6.66%, on the Nasdaq.
Wednesday, Accel Entertainment announced pricing of its previously announced public offering of Class A-1 common stock. The company will sell 8 million shares at $10.50 per share to raise $84 million. Accel intends to use the proceeds for general corporate purposes.
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