LPI Falls to Levels Below Book Value
January 28, 2015 at 12:46 PM EST
In trading on Wednesday, shares of Laredo Petroleum, Inc (LPI) crossed below their last reported book value defined as common shareholder equity per share of $9.43, changing hands as low as $9.12 per share. Laredo Petroleum, Inc shares are currently trading down about 7.7% on the day..