LaSalle Hotel Properties (LHO) announced after the close Thursday that it plans to sell 7,000,000 common shares in an underwritten public offering. The stock is now down 0.84 on 10K shares.
LaSalle Hotel Properties was range-bound throughout Thursday's session and closed up by 0.01 at $24.54. The stock finished near the upper end of a 2-month range.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.