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Why the Marley Spoon (ASX:MMM) share price is crashing 17% lower today – Motley Fool Australia

The Marley Spoon AG (ASX:MMM) share price is crashing lower on Monday after returning from its trading halt…

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The Marley Spoon AG(ASX: MMM) share price has returned from its trading halt on Monday and is crashing lower.
In early trade the subscription-based meal kit provider’s shares are down 17.5% to $2.88.
Why was the Marley Spoon share price in a trading halt?
Marley Spoon requested a trading halt at the end of last week whilst it launched a fully underwritten placement to institutional investors.
This morning the company revealed that it has successfully completed its placement, raising $56 million…

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