Use Options For a Chance To Buy NEWM at a 29% Discount
January 15, 2015 at 11:41 AM EST
Looking back to 119 days ago, New Media Investment Group Inc (NEWM) priced a 6,500,000 share secondary stock offering at $16.25 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 27.4% higher than the offering price..