Use Options For a Chance To Buy IMS at a 16% Discount
October 06, 2015 at 12:08 PM EDT
Looking back to 153 days ago, Invesco Value Municipal Securities (IMS) priced a 51,100,000 share secondary stock offering at $27.50 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 Tuesday, the stock is now 6.5% above the offering price..