Looking back to 92 days ago, Shell Midstream Partners LP (NYSE: SHLX) priced a 10,500,000 share secondary stock offering at $33.25 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. In trading on Thursday, bargain hunters could buy shares of SHLX and achieve a cost basis 5.7% cheaper than those buyers, with shares changing hands as low as $31.35 per share. It should be noted that investors at th...
Looking back to 92 days ago, Shell Midstream Partners LP (NYSE: SHLX) priced a 10,500,000 share secondary stock offering at $33.25 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. In trading on Thursday, bargain hunters could buy shares of SHLX and achieve a cost basis 5.7% cheaper than those buyers, with shares changing hands as low as $31.35 per share. It should be noted that investors at th...
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