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CenterPoint Energy Inc. (CNP) Is Pulling Back After Offerings Priced

CenterPoint Energy Inc. (CNP) announced after the bell Monday that it has commenced concurrent underwritten public offerings of $1,500,000,000 of shares of common stock and 15,000,000 depositary shares. The stock is now down 1.25 on 239K shares.

CenterPoint Energy declined during the first 2 hours of trade Monday, before settling into a range. Shares finished with a loss of 0.21 at $27.82.

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