Investors Land IVR 83.7% Cheaper Than Its Secondary Stock Offering
May 27, 2020 at 13:15 PM EDT
Looking back to 113 days ago, Invesco Mortgage Capital Inc (IVR) priced a 18,000,000 share secondary stock offering at $16.95 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..