Use Options For a Chance To Buy UMPQ at a 15% Discount
August 19, 2014 at 13:36 PM EDT
Looking back to 12 days ago, Umpqua Holdings Corp (UMPQ) priced a 15,000,000 share secondary stock offering at $16.20 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 and based on early trading on Tuesday, the stock is now 6.1% higher than the offering price..