Use Options For a Chance To Buy TMO at a 23% Discount
- Monday, November 18, 2013, 11:44
- Market
- Add a comment
Looking back to 164 days ago, Thermo Fisher Scientific (NYSE: TMO) priced a 25,730,994 share secondary stock offering at $85.50 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 17.9% higher than the offering price. It should be noted that investors at the secondary have collected $0.30/share in dividends since the time of their purchase, so they are currently up 18.3% on their purchase from a total return basis.
http://www.forbes.com/sites/stockoptionschannel/2013/11/18/use-options-for-a-chance-to-buy-tmo-at-a-23-discount/