Use Options For a Chance To Buy SNH at a 16% Discount
May 23, 2014 at 11:44 AM EDT
Looking back to 36 days ago, Senior Housing Properties Trust (SNH) priced a 13,500,000 share secondary stock offering at $21.75 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 Friday, the stock is now 7.4% higher than the offering price..