Investors Pick Up STAY 33.7% Lower Than Its Secondary Stock Offering
February 16, 2016 at 10:48 AM EST
Looking back to 96 days ago, Extended Stay America Inc (STAY) priced a 15,000,000 share secondary stock offering at $17.25 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..