Miss DG's $50.75 Secondary But Think It's A Deal At $47?
September 09, 2013 at 12:51 PM EDT
Looking back to 166 days ago, Dollar General Corp (DG) priced a 30,000,000 share secondary stock offering at $50.75 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 Monday, the stock is now 12.3% higher than the offering price.