Use Options For a Chance To Buy BURL at a 23% Discount
July 02, 2014 at 11:45 AM EDT
Looking back to 62 days ago, Burlington Stores Inc (BURL) priced a 12,000,000 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 Wednesday, the stock is now 21.2% above the offering price..