Use Options For a Chance To Buy DAR at a 40% Discount
May 12, 2014 at 11:51 AM EDT
Looking back to 150 days ago, Darling Ingredients Inc (DAR) priced a 40,000,000 share secondary stock offering at $19.00 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 6.5% higher than the offering price..