Use Options For a Chance To Buy CXO at a 25% Discount
November 05, 2015 at 11:41 AM EST
Looking back to 36 days ago, Concho Resources Inc (CXO) priced a 7,700,000 share secondary stock offering at $92.46 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 Thursday, the stock is now 18.2% above the offering price..