Use Options For a Chance To Buy STON at a 12% Discount
August 27, 2014 at 11:45 AM EDT
Looking back to 90 days ago, StoneMor Partners LP (STON) priced a 2,600,000 share secondary stock offering at $23.67 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 6.1% above the offering price..