Investors Snag IVR 10.5% Cheaper Than Its Secondary Stock Offering
August 30, 2021 at 11:15 AM EDT
Looking back to 95 days ago, Invesco Mortgage Capital Inc (IVR) priced a 37,500,000 share secondary stock offering at $3.43 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..