Use Options For a Chance To Buy RXN at a 12% Discount

Looking back to 69 days ago, Rexnord Corp (RXN) priced a 15,000,000 share secondary stock offering at $25.75 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 6.8% above the offering price..