Investors Snatch PXD Even Cheaper Than Its Secondary Stock Offering
November 10, 2014 at 12:19 PM EST
Looking back to 5 days ago, Pioneer Natural Resources Co (PXD) priced a 5,750,000 share secondary stock offering at $173.91 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..