Investors Land ALEC 26.7% Cheaper Than Its Secondary Stock Offering
April 18, 2024 at 11:22 AM EDT
Looking back to 92 days ago, Alector Inc (ALEC) priced a 10,869,566 share secondary stock offering at $6.89 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..