ARMOUR Residential REIT (ARR) -2.8% AH after announcing a 26M share stock offering, good for...

|About: ARMOUR Residential REIT, Inc. (ARR)|By:, SA News Editor

ARMOUR Residential REIT (ARR) -2.8% AH after announcing a 26M share stock offering, good for proceeds of $185M based on today's close. The company plans to use the proceeds to buy additional mortgage-backed securities.