Investors Snag MIK Even Cheaper Than Its Secondary Stock Offering
July 15, 2016 at 10:02 AM EDT
Looking back to 2 days ago, Michaels Companies Inc (MIK) priced a 11,000,000 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..