Use Options For a Chance To Buy STAY at a 15% Discount
November 03, 2014 at 12:29 PM EST
Looking back to 89 days ago, Extended Stay America Inc (STAY) priced a 21,000,000 share secondary stock offering at $21.75 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 5.7% higher than the offering price..