Miss PG&E's $41.71 Offering But Think It's A Deal At $40?

Looking back to 126 days ago, PG&E Corp. (NYSE: PCG) priced a 7,200,000 share secondary stock offering at $41.71 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 Wednesday, the stock is now 6.9% above the offering price. It should be noted that investors at the secondary have collected $0.91/share in dividends since the time of their purchase, so they are currently...