Investors Snatch KNOP 24.7% Cheaper Than Its Secondary Stock Offering
August 31, 2015 at 10:12 AM EDT
Looking back to 95 days ago, KNOT Offshore Partners LP (KNOP) priced a 5,000,000 share secondary stock offering at $23.76 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..