Investors Snatch LG Even Cheaper Than Its Secondary Stock Offering
August 04, 2014 at 10:07 AM EDT
Looking back to 60 days ago, Laclede Group Inc (LG) priced a 9,000,000 share secondary stock offering at $46.25 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..