Investors Land RAS 6.8% Cheaper Than Its Secondary Stock Offering
April 16, 2014 at 12:46 PM EDT
Looking back to 92 days ago, RAIT Financial Trust (RAS) priced a 10,000,000 share secondary stock offering at $8.52 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time..