IPO Returns
Please note: The returns data exclude all SPACs.
IPOs In 2008
Total Number: 31  Avg Return: -2 %
Company Name Ticker Offer Date Underwriter Offer Price First Day Close Current Price First Day Return Total Return
Rackspace Hosting RAX 8/7/08 Goldman Sachs $12.50 $10.01 $10.84 -19.9 % -13.3 %
China Mass Media Advertising CMM 8/3/08 Merrill Lynch $6.80 $6.50 $5.79 -4.4 % -14.9 %
China Distance Education DL 7/29/08 Citi $7.00 $6.63 $4.70 -5.3 % -32.9 %
GT Solar International SOLR 7/23/08 Credit Suisse $16.50 $14.59 $10.90 -11.6 % -33.9 %
Energy Recovery ERII 7/1/08 Citi $8.50 $9.83 $9.01 15.6 % 6.0 %
Britannia Bulk Holdings DWT 6/17/08 Goldman Sachs $15.00 $13.85 $7.49 -7.7 % -50.1 %
RHI Entertainment RHIE 6/17/08 J.P. Morgan $14.00 $13.50 $14.14 -3.6 % 1.0 %
Safe Bulkers SB 5/28/08 Merrill Lynch $19.00 $18.90 $17.57 -0.5 % -7.5 %
American Capital Agency AGNC 5/14/08 Citi $20.00 $19.35 $18.62 -3.3 % -6.9 %
Verso Paper VRS 5/14/08 Credit Suisse $12.00 $10.00 $4.90 -16.7 % -59.2 %
Western Gas Partners L.P. WES 5/8/08 UBS Investment Bank $16.50 $16.50 $14.61 0.0 % -11.5 %
Colfax CFX 5/7/08 Merrill Lynch $18.00 $21.00 $21.07 16.7 % 17.1 %
Real Goods Solar RSOL 5/7/08 ThinkPanmure $10.00 $8.80 $5.93 -12.0 % -40.7 %
Pioneer Southwest Energy Partners PSE 4/30/08 Citi $19.00 $19.65 $17.30 3.4 % -8.9 %
Hatteras Financial HTS 4/24/08 Keefe Bruyette Woods $24.00 $24.68 $23.62 2.8 % -1.6 %
Whiting USA Trust I WHX 4/24/08 Raymond James $20.00 $20.85 $18.91 4.3 % -5.5 %
American Water Works AWK 4/22/08 Goldman Sachs $21.50 $20.60 $20.97 -4.2 % -2.5 %
Intrepid Potash IPI 4/21/08 Goldman Sachs $32.00 $50.40 $38.79 57.5 % 21.2 %
CardioNet BEAT 3/18/08 Citi $18.00 $17.70 $30.03 -1.7 % 66.8 %
Visa V 3/18/08 J.P. Morgan $44.00 $56.68 $71.76 28.8 % 63.1 %
Heritage-Crystal Clean HCCI 3/11/08 William Blair $11.50 $14.19 $14.01 23.4 % 21.8 %
BioHeart BHRT 2/18/08 Merriman Curhan Ford $5.25 $5.00 $3.16 -4.8 % -39.8 %
MAKO Surgical MAKO 2/14/08 J.P. Morgan $10.00 $9.18 $8.10 -8.2 % -19.0 %
ArcSight ARST 2/13/08 Morgan Stanley $9.00 $8.78 $8.93 -2.4 % -0.8 %
Asia Time Corporation TYM 2/11/08 Westpark Capital $3.50 $8.50 $3.82 142.9 % 9.0 %
ATA Inc. ATAI 1/28/08 Merrill Lynch $9.50 $8.75 $11.98 -7.9 % 26.1 %
Cascal HOO 1/28/08 J.P. Morgan $12.00 $12.00 $9.00 0.0 % -25.0 %
ReneSola SOL 1/28/08 Credit Suisse $13.00 $12.99 $15.34 -0.1 % 18.0 %
IPC IPCM 1/24/08 Credit Suisse $16.00 $20.48 $25.01 28.0 % 56.3 %
RiskMetrics Group RMG 1/24/08 Credit Suisse $17.50 $23.75 $21.10 35.7 % 20.6 %
Williams Pipeline Partners WMZ 1/17/08 Lehman Brothers $20.00 $20.00 $17.10 0.0 % -14.5 %
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