Why did AVEVA Group shares fell 20% today
Shares of the software giant and European Dividend Aristocrat AVEVA Group plc (GB00BBG9VN75 ) fell 20% today after the company’s shares from the rights issue triggering the drop in its share price. The FTSE 100-listed software firm announced on November 6th a £2.84 billion ($3.73 billion) rights issue to fund its $5 billion acquisition of…