Why Mosaic, Vale, and Three Other Stocks Are in the Spotlight

Innocoll Down on Offering

Innocoll Holdings PLC (NASDAQ:INNL) shares have plunged by over 12% after the company priced its public offering of 5,725,000 common shares and the 30-day underwriter option of an additional 858,750 shares at $7 a piece. The net proceeds payable to the company are expected to amount to $37 million. Certain officers and directors have agreed to purchase shares in the offering. The offering is expected to close on June 22, subject to customary closing conditions. Just five funds followed by Insider Monkey owned shares of Innocoll Holdings PLC (NASDAQ:INNL) at the end of March, unchanged from the previous quarter.

Pembina Pipeline Corp (NYSE:PBA)

Pembina Pipeline Corp (NYSE:PBA) is in the spotlight after the company shut an oil carrying Western pipeline in Canada’s British Columbia province. The pipeline transported around 50,000 barrels per day when it was operational and was shut down after certain weather events caused a portion of the pipeline to be exposed. It is currently uncertain when the crude-carrying pipeline will be operational again. The number of funds from our database with holdings in Pembina Pipeline Corp (NYSE:PBA) rose by seven quarter-over-quarter to 11 at the end of March.

Disclosure: none