Kayne Anderson MLP Investment (KYN) announced after the bell Wednesday that it commenced a public offering of 4,000,000 shares of its common stock. The stock is now down 1.81 on 53K shares.
Kayne Anderson MLP Investment declined during the second half of the morning Wednesday and finished down by 0.40 at $35.11. The stock pulled back from the upper end of over a 2-week range at the highs of the year.
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