Investors Snag WFT Even Lower Than Its Secondary Stock Offering
May 05, 2016 at 14:17 PM EDT
Looking back to 65 days ago, Weatherford International plc (WFT) priced a 100,000,000 share secondary stock offering at $5.65 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..