Investors Bag ZION 7.7% Cheaper Than Its Secondary Stock Offering
October 28, 2014 at 11:28 AM EDT
Looking back to 92 days ago, Zions Bancorporation (ZION) priced a 17,617,449 share secondary stock offering at $29.80 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..