Investors Snag AHT 6.0% Cheaper Than Its Secondary Stock Offering
April 11, 2014 at 09:56 AM EDT
Looking back to 2 days ago, Ashford Hospitality Trust Inc (AHT) priced a 7,500,000 share secondary stock offering at $10.70 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..