Medley Capital -3% after pricing secondary

The offering size of 6M shares compares to the current float of 40M. It priced at $13.25 per share. The underwriter greenshoe is for another 900K shares.

MCC -3% premarket to $13.12.

From other sites
Comments (3)
  • iboston
    , contributor
    Comments (18) | Send Message
    As if there wasn't pressure on this stock already.
    23 Apr 2014, 09:34 AM Reply Like
  • moose60061
    , contributor
    Comments (253) | Send Message
    they just did similar 6,000,0000 in January.Running for cash at holders expense of course.
    23 Apr 2014, 10:30 AM Reply Like
  • Davephd
    , contributor
    Comments (1183) | Send Message
    The offering is 13% of the shares outstanding.
    23 Apr 2014, 09:52 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs