Investors Snag CEMI 6.4% Cheaper Than Its Secondary Stock Offering
May 11, 2020 at 10:48 AM EDT
Looking back to 4 days ago, Chembio Diagnostics Inc (CEMI) priced a 2,338,468 share secondary stock offering at $11.75 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..