Use Options For a Chance To Buy SMLP at a 14% Discount
June 15, 2015 at 11:51 AM EDT
Looking back to 39 days ago, Summit Midstream Partners LP (SMLP) priced a 6,500,000 share secondary stock offering at $30.75 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 5.4% higher than the offering price..