Investors Pick Up NLY 7.0% Lower Than Its Secondary Stock Offering
January 23, 2018 at 11:41 AM EST
Looking back to 109 days ago, Annaly Capital Management Inc (NLY) priced a 65,000,000 share secondary stock offering at $12.00 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..