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PennyMac prices secondary offering; shares off 4.1%

  • PennyMac Mortgage (NYSE:PMT) prices its 11.3M share secondary presumably in the area of $22.20 each - the level shares are now trading in the premarket. That's off 4.1% from last night's close.
  • Press release.

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PMT--
PennyMac Mortgage Investment Trust