Investors Snag KND 19.1% Cheaper Than Its Secondary Stock Offering
September 22, 2014 at 10:11 AM EDT
Looking back to 95 days ago, Kindred Healthcare Inc (KND) priced a 9,000,000 share secondary stock offering at $23.75 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..