Harbinger Group Inc. (HRG) announced a registered secondary public offering of shares of its common stock by Harbinger Capital Partners Master Fund I Ltd., Harbinger Capital Partners Special Situations Fund L.P. and Global Opportunities Breakaway Ltd. after the bell Wednesday.
Harbinger Group gapped open sharply lower Thursday, but was range-bound throughout the session. The stock closed down by 2.72 at $7.50 on the highest volume of the year and fell to a 3 1/2 month low.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.