Investors Snag PFLT Even Cheaper Than Its Secondary Stock Offering
January 25, 2018 at 10:43 AM EST
Looking back to 92 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..