Use Options For a Chance To Buy UMPQ at a 16% Discount
November 05, 2014 at 11:42 AM EST
Looking back to 90 days ago, Umpqua Holdings Corp (UMPQ) priced a 15,000,000 share secondary stock offering at $16.20 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 Wednesday, the stock is now 6% above the offering price..