Investors Snatch LB Even Lower Than Its Secondary Stock Offering
July 16, 2021 at 11:16 AM EDT
Looking back to 2 days ago, L Brands, Inc (LB) priced a 20,041,646 share secondary stock offering at $74.50 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..