Use Options For a Chance To Buy UIL at a 12% Discount
February 14, 2014 at 12:14 PM EST
Looking back to 141 days ago, UIL Holding Corp (UIL) priced a 5,000,000 share secondary stock offering at $37.25 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 Friday, the stock is now 6.4% higher than the offering price..