Here's Why Aterian Stock Is Crashing

Here's Why Aterian Stock Is Crashing

A day after making big gains on renewed short-squeeze momentum, shares of Aterian (NASDAQ: ATER) stock are now plummeting in Thursday's trading. It's because Aterian is once again turning to sale of new shares as a way to strengthen the balance sheet. Take a look at the chart below, which tracks Aterian's outstanding share count over the last year and does not include the new shares that will be issued to pay down outstanding debts to High Trail.