Investors Land LPI Even Cheaper Than Its Secondary Stock Offering
May 12, 2016 at 11:15 AM EDT
Looking back to 2 days ago, Laredo Petroleum, Inc (LPI) priced a 9,500,000 share secondary stock offering at $11.14 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..