Use Options For a Chance To Buy AKR at a 12% Discount
March 12, 2015 at 12:02 PM EDT
Looking back to 90 days ago, Acadia Realty Trust (AKR) priced a 3,400,000 share secondary stock offering at $31.76 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 5.1% higher than the offering price..