Miss TMO's $85.50 Offering But Think It's A Steal At $80?

Looking back to 105 days ago, Thermo Fisher Scientific (NYSE: TMO) priced a 25,730,994 share secondary stock offering at $85.50 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 10.4% higher than the offering price. It should be noted that investors at the secondary have collected $0.30/share in dividends since the time of their purchase, so...