Investors Land SBNY 5.6% Cheaper Than Its Secondary Stock Offering
January 25, 2016 at 15:27 PM EST
Looking back to 3 days ago, Signature Bank (SBNY) priced a 2,200,000 share secondary stock offering at $136.00 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..