Forbes -
30 May 2013 17:46

Looking back to 142 days ago, ConAgra Foods, Inc. (NYSE: CAG) priced a 8,067,227 share secondary stock offering at $29.75 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 and based on early trading on Thursday, the stock is now 15.2% above the offering price. It should be noted that investors at the secondary have collected $0.50/share in dividends since the time of their purchase, so they are ...
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