Investors Grab STNG 13.2% Lower Than Its Secondary Stock Offering
August 24, 2017 at 11:14 AM EDT
Looking back to 92 days ago, Scorpio Tankers Inc (STNG) priced a 50,000,000 share secondary stock offering at $4.00 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..