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Athenahealth, Inc. (ATHN) Message Board

  • watchmewhackoff2001 watchmewhackoff2001 Jan 8, 2008 5:29 PM Flag

    Secondary Offering

    Looks like they filed today to sell a whole bunch of shares on behalf of the VCs and insiders and a few more new shares directly from Athena coffers. This should help ease the effects of the end of the lockup in March as it appears the sellers of these shares are now locked up an additional 90 days. They must also be confident in the Q4 earnings and outlook that will come out in a few weeks.

124.52+1.38(+1.12%)May 23 4:00 PMEDT