Market News Video
MNV MNV The 10 Most Popular Large-Caps in ETFs
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Kosmos Energy Becomes Oversold (KOS)
Wednesday, March 8, 4:32 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

Cash Dividend On The Way From Sasol (SSL)
Monday, March 13, 10:39 AM ET, by Market News Video Staff

On 3/15/17, Sasol Ltd. (SSL) will trade ex-dividend, for its semi-annual dividend of $0.3711, payable ...

Analysts Forecast 39% Upside For XOP
Monday, March 27, 9:11 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Short Interest Makes 16% Move For KOS
Monday, March 27, 3:03 PM ET, by Market News Video Staff

The most recent short interest data has been released for the 03/15/2017 settlement date, which ...

Sum Up The Pieces: IGE Could Be Worth $40
Thursday, April 27, 9:21 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

  More articles:  1 2 next »

Investors Snag KOS 12.3% Cheaper Than Its Secondary Stock Offering

By Market News Video Staff, Monday, July 17, 10:13 AM ET
Play Video: The Importance of ETFs

If the video does not load after a few moments, Upgrade to the Latest Flash Player.

Looking back to 55 days ago, Kosmos Energy Ltd (NYSE:KOS) priced a 40,000,000 share secondary stock offering at $7.25 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 Monday, bargain hunters could buy shares of KOS and achieve a cost basis 12.3% cheaper than those buyers, with shares changing hands as low as $6.36 per share.

Secondaries can often present buying opportunities for bullish investors interested in purchasing shares, because the sudden extra supply of stock tends to require that the offering be priced at an attractive discount to where the stock had previously been trading before the offering announcement. At last check, Kosmos Energy Ltd shares are currently trading down about 0.3% on the day. The chart below shows the one year performance of KOS shares, versus its 200 day moving average:

Kosmos Energy Ltd Chart

Looking at the chart above, KOS's low point in its 52 week range is $4.39 per share, with $7.90 as the 52 week high point that compares with a last trade of $6.39.

KOS makes up 1.17% of the Africa Index ETF (AMEX:AFK)

Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter

Top Six Most Viewed Stories This Week @ Market News Video:

This Article's Word Cloud:   AMEX   Buyers   Dividend   Energy   Kosmos   Looking   Newsletter   Premium   Recent   Special   Start   achieve   afternoon   bargain   below   bullish   buying   changing   chart   considerable   course   currently   dividend   each   extra   inbox   interested   into   investment   last   makes   offering   over   point   previously   priced   range   secondary   share   shares   stock   supply   tends   that   time   trading   versus   week   with   your
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV MNV Portfolio Channel Stock Market Definitions

Investors Snag KOS 12.3% Cheaper Than Its Secondary Stock Offering | Market News Video | Copyright © 2008 - 2018, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.