Investors Land PXD 9.3% Cheaper Than Its Secondary Stock Offering
February 09, 2015 at 11:01 AM EST
Looking back to 96 days ago, Pioneer Natural Resources Co (PXD) priced a 5,750,000 share secondary stock offering at $173.91 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..