Use Options For a Chance To Buy BITA at a 41% Discount
January 09, 2014 at 11:53 AM EST
Looking back to 34 days ago, Bitauto Holdings Ltd (BITA) priced a 2,749,200 share secondary stock offering at $30.00 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 and based on early trading on Thursday, the stock is now 13.5% above the offering price..