Investors Snag CXO Even Lower Than Its Secondary Stock Offering
March 02, 2015 at 09:59 AM EST
Looking back to 3 days ago, Concho Resources Inc (CXO) priced a 6,000,000 share secondary stock offering at $108.33 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..