Investors Land NLY Even Cheaper Than Its Secondary Stock Offering
July 20, 2017 at 09:58 AM EDT
Looking back to 2 days ago, Annaly Capital Management Inc (NLY) priced a 60,000,000 share secondary stock offering at $11.83 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..