Orsted plunges 30% as it plans $9.4 billion rights issue after ‘adverse' turn in U.S. market - CNBC
August 11, 2025 CNBC

Orsted plunges 30% as it plans $9.4 billion rights issue after ‘adverse' turn in U.S. market - CNBC

Orsted shares crashed 30% on Monday morning, after the wind farm developer said it plans a 60 billion Danish kroner ($9.4 billion) rights issue, following a "material adverse development" in the U.S.…