Investors Pick Up PFLT Even Cheaper Than Its Secondary Stock Offering
May 17, 2017 at 11:14 AM EDT
Looking back to 92 days ago, Pennantpark Floating Rate Capital (PFLT) priced a 5,000,000 share secondary stock offering at $14.08 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..