Investors Bag SHO 6.3% Cheaper Than Its Secondary Stock Offering
September 24, 2014 at 13:30 PM EDT
Looking back to 96 days ago, Sunstone Hotel Investors Inc (SHO) priced a 18,000,000 share secondary stock offering at $14.65 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..