OSI Systems falls after convertible bond sale increased to $500 mln
Electronic equipment maker OSI Systems' OSIS.O shares down 4.1% at $256.06 amid broader market selloff on Tues after above-target capital raise
Hawthorne, California-based co late Mon announced pricing p rivate offering of $500 mln 0.5% convertible bonds due Feb 2031
Initial conversion price of $353.82 is 32.5% above stock's last close of $267.03
OSIS shares on Mon closed down 2.4% after co unveiled $400 mln offering to repay a portion of its revolver, among other purposes
Co to use ~$146 mln of net proceeds to repurchase 546,945 of its shares in negotiated transactions
Including move on Tues, shares up 53% YTD, far outpacing 16% advance in the Nasdaq .IXIC.
5 of 6 analysts rate the shares "strong buy" or "buy", 1 has "hold"; median PT of $290 up from $260 a month ago, per latest LSEG data
Related Articles
Will the Bank of England Continue Rate Cuts? What's the Pound's Trajectory in 2026?
TradingKey - GBP/USD has shown strong performance over the past month, rising from around 1.30 to 1.34, and has not declined despite expectations of a central bank rate cut. Looking ahead to 2026, GBP/USD may experience volatile pullbacks, testing support levels around 1.25.
U.S. November CPI: How Will Inflation Fluctuations Transmit to US Stocks? Tariffs Are the Key!
TradingKey - It should be emphasised that tariff policy is the core driver sustaining the current high level of inflation,...Under the combined influence of tariffs and inflation, the U.S. stock market will probably follow a down-then-up trend in 2026.
Japan Central Bank Rate Hike To Three-Decade High Imminent, How Will The Market Go? Which Assets Most Affected?
As global monetary policy divergence enters a critical phase, the Bank of Japan (BoJ) is anticipated to raise its benchmark interest rate at the monetary policy meeting on December 19, 2025, by 25 basis points to 0.75% , marking its highest level in nearly 30 years.
Bitcoin Stocks 2025 Collective Plunge, Still Worth Investing in Future?
Bitcoin stocks involved in trading operations outperformed mining stocks and DAT-category stocks, thus warranting greater priority attention. If Bitcoin's future price trend indeed aligns with Grayscale's projection, Bitcoin stock prices are also expected to rebound and even reach new highs.
Gold Price Steady Climb and the Sudden Surge of Silver and Copper: Will Their Bull Run Extend Into 2026?
Dow Jones Market Data shows this marks the first time since 1980all three metals—gold, silver, and copper—simultaneously refreshed their all-time highs in the same year. Will this rally extend into 2026?
