Investors Grab CXO Even Cheaper Than Its Secondary Stock Offering
August 17, 2016 at 11:20 AM EDT
Looking back to 2 days ago, Concho Resources Inc (CXO) priced a 9,000,000 share secondary stock offering at $130.89 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..