Looking back to 7 days ago, Great Plains Energy Inc (NYSE: GXP) priced a 52,600,000 share secondary stock offering at $26.45 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 Tuesday, bargain hunters could buy shares of GXP and achieve a cost basis even cheaper than those buyers, with shares changing hands as low as $26.37 per share.
Looking back to 7 days ago, Great Plains Energy Inc (NYSE: GXP) priced a 52,600,000 share secondary stock offering at $26.45 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 Tuesday, bargain hunters could buy shares of GXP and achieve a cost basis even cheaper than those buyers, with shares changing hands as low as $26.37 per share.
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