Use Options For a Chance To Buy XEC at a 18% Discount
October 09, 2015 at 11:43 AM EDT
Looking back to 142 days ago, Cimarex Energy Co (XEC) priced a 6,000,000 share secondary stock offering at $109.00 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 and based on early trading on Friday, the stock is now 9.8% higher than the offering price..