Ingram Micro Shares Fall 3.6% After Secondary Offering Priced
The offering was priced at $25.90 per share for 11 million shares. Ingram Micro was recently down 3.6% at $26 in premarket trading Tuesday.
By Freddy SebastianShares of Ingram Micro fell after a secondary offering of 11 million shares was priced at $25.90 each.The technology distributor's stock was recently down 3.6% at $26 in premarket trading Tuesday.The selling stockholder, Platinum Equity, granted the underwriter a 30-day option to…