Investors Grab ABR 8.8% Cheaper Than Its Secondary Stock Offering
December 27, 2021 at 10:32 AM EST
Looking back to 56 days ago, Arbor Realty Trust Inc (ABR) priced a 7,500,000 share secondary stock offering at $19.71 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..