Atlas Air Worldwide Holdings (AAWW) announced after the bell Tuesday that it plans to offer up to $250 million aggregate principal amount of its convertible senior notes due 2024 in an underwritten public offering.
Atlas Air Worldwide gapped open lower Wednesday morning and has continued to fall in early trade. Shares are now down 3.05 at $46.60 on above average volume. The stock has been pulling back from the highs of the year since late April and has set a 6-month low.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.