Use Options For a Chance To Buy LG at a 9% Discount
September 04, 2014 at 11:43 AM EDT
Looking back to 91 days ago, Laclede Group Inc (LG) priced a 9,000,000 share secondary stock offering at $46.25 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 Thursday, the stock is now 6.2% above the offering price..