Use Options For a Chance To Buy STAY at a 14% Discount

Looking back to 58 days ago, Extended Stay America Inc (NYSE: STAY) priced a 21,000,000 share secondary stock offering at $21.75 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 Friday, the stock is now 5.5% above the offering price. It should be noted that investors at the secondary have collected $0.15/share in dividends since the time of their purchase, so they ...