Investors Snatch PFLT Even Cheaper Than Its Secondary Stock Offering
October 27, 2017 at 10:09 AM EDT
Looking back to 2 days ago, Pennantpark Floating Rate Capital (PFLT) priced a 6,000,000 share secondary stock offering at $14.06 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..