Investors Grab STNG Even Lower Than Its Secondary Stock Offering
December 07, 2017 at 10:03 AM EST
Looking back to 8 days ago, Scorpio Tankers Inc (STNG) priced a 30,000,000 share secondary stock offering at $3.00 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..