Investors Snag PNNT 10.1% Cheaper Than Its Secondary Stock Offering
December 08, 2014 at 10:13 AM EST
Looking back to 94 days ago, Pennantpark Investment Corporation (PNNT) priced a 8,500,000 share secondary stock offering at $11.63 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..