Use Options For a Chance To Buy XEC at a 22% Discount
August 13, 2015 at 11:50 AM EDT
Looking back to 85 days ago, Cimarex Energy Co (XEC) priced a 6,000,000 share secondary stock offering at $109.00 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 5.5% above the offering price..