By: Dividend Channel
October 10, 2013 at 12:09 PM EDT
Miss EQM's $43.50 Secondary But Think It's A Deal At $30?
Looking back to 85 days ago, EQT Midstream Partners LP (EQM) priced a 11,000,000 share secondary stock offering at $43.50 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 Thursday, the stock is now 15.1% above the offering price.
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