Investors Land HPT Even Cheaper Than Its Secondary Stock Offering
August 17, 2016 at 10:04 AM EDT
Looking back to 2 days ago, Hospitality Properties Trust (HPT) priced a 11,000,000 share secondary stock offering at $30.75 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..