National Grid has announced a rights issue of 7 billion pounds, causing the share price to drop. This has led some to question whether it is a good time to invest in the company.

The National Grid (LSE: NG) share price is down almost 10% today (23 May). That’s because the company just announced a 7-for-24 rights issue to raise just under 7bn.

Such events can be a…

Read More: https://www.fool.co.uk/2024/05/23/national-grid-reveals-7bn-rights-issue-and-the-share-price-plunges-should-i-invest-now/