Investors Land BXMT 15.7% Cheaper Than Its Secondary Stock Offering
September 09, 2020 at 11:39 AM EDT
Looking back to 92 days ago, Blackstone Mortgage Trust Inc (BXMT) priced a 10,000,000 share secondary stock offering at $28.20 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..