Use Options For a Chance To Buy RLJ at a 16% Discount
August 28, 2014 at 11:52 AM EDT
Looking back to 98 days ago, RLJ Lodging Trust (RLJ) priced a 8,000,000 share secondary stock offering at $26.45 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 Thursday, the stock is now 11.5% higher than the offering price..