Investors Snatch SNH 10.2% Cheaper Than Its Secondary Stock Offering
May 08, 2015 at 10:30 AM EDT
Looking back to 93 days ago, Senior Housing Properties Trust (SNH) priced a 27,000,000 share secondary stock offering at $22.20 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..