Miss FIVE's $36 Offering But Think It's A Steal At $30?
September 04, 2013 at 11:43 AM EDT
Looking back to 70 days ago, Five Below Inc (FIVE) priced a 6,000,000 share secondary stock offering at $36.00 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 Wednesday, the stock is now 5.1% above the offering price.