Use Options For a Chance To Buy VNDA at a 30% Discount
December 11, 2014 at 11:55 AM EST
Looking back to 43 days ago, Vanda Pharmaceuticals Inc (VNDA) priced a 5,000,000 share secondary stock offering at $11.60 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 Thursday, the stock is now 8.9% higher than the offering price..