Investors Snatch INN Even Lower Than Its Secondary Stock Offering
May 12, 2017 at 10:33 AM EDT
Looking back to 2 days ago, Summit Hotel Properties Inc (INN) priced a 9,000,000 share secondary stock offering at $16.50 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..