Miss STAG's $18.30 Offering But Think It's A Buy At $17.50?

Looking back to 170 days ago, STAG Industrial Inc. (NYSE: STAG) priced a 5,464,480 share secondary stock offering at $18.30 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 Friday, the stock is now 6.3% higher than the offering price. It should be noted that investors at the secondary have collected $0.60/share in dividends since the time of their purchase, so they...