Abacus Life, Inc. (ABL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Abacus Life (NASDAQ: ABL ) stock is falling on Friday after the alternative asset manager and market maker announced the pricing of a public offering for its shares. Abacus Life is selling 10 million shares of ABL stock for $8 each.
U.S. stock futures were slightly lower this morning, with the Dow futures falling around 0.1% on Friday.