Investors Land BXMT Even Cheaper Than Its Secondary Stock Offering
September 22, 2014 at 10:12 AM EDT
Looking back to 3 days ago, Blackstone Mortgage Trust Inc (BXMT) priced a 8,000,000 share secondary stock offering at $27.85 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..