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Benzinga
Benzinga
Business
Adam Eckert

Oscar Health Stock Is Tumbling Tuesday: What's Going On?

Oscar Health Oscar OSCR
Portland,,Or,,Usa,-,Feb,28,,2021:,The,Oscar,Health

Oscar Health Inc (NYSE:OSCR) shares are trading lower Tuesday after the company announced an upsized offering of convertible senior notes.

What To Know: After the market close on Monday, Oscar announced intentions to launch a proposed convertible senior subordinates notes offering. Tuesday morning, the company announced an upsized offering of $355 million.

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