Use Options For a Chance To Buy NEWM at a 22% Discount
March 02, 2015 at 11:44 AM EST
Looking back to 47 days ago, New Media Investment Group Inc (NEWM) priced a 7,000,000 share secondary stock offering at $21.70 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 Monday, the stock is now 12.6% above the offering price..