Why Jamf Holding Stock Slumped on Tuesday

Shares of Jamf (NASDAQ:JAMF) fell sharply on Tuesday morning. The Apple device-management software specialist fell as much as 9.9% in early trading. The stock recovered somewhat, ending the trading day down 6.7% compared to Monday’s closing price.

Jamf announced plans to raise capital by selling convertible notes, which spooked some investors.

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