The sale, which came only four months after the company completed its initial public offering on the New York Stock Exchange, was priced at $24.50, which marked a discount of 2.5% to TuesdayÆs close of $25.12. Observers described this as ôquite tightö given that the share price had risen in each of the previous five trading days. Between the filing on January 17 and pricing, the stock fell 4.3% from a record high of $26.25, however.
Still, it was a sizeable sale in that it accounted...
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