Investors Snag HES 5.1% Lower Than Its Secondary Stock Offering
February 08, 2016 at 10:21 AM EST
Looking back to 4 days ago, Hess Corp (HES) priced a 25,000,000 share secondary stock offering at $39.00 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..