Lifeway Shares Plunge After Danone Prices Secondary Sale
Lifeway Foods Inc. shares tumbled in premarket trading after Danone USA Public Benefit Corporation priced a secondary offering of Lifeway common stock. The offering, which does not raise proceeds for Lifeway, is set to close on May 19, 2026, while Lifeway said it will repurchase about $5.0 million of shares conditional on the offering's completion.…