IPO Returns
Please note: The returns data exclude all SPACs.
IPOs In 2008
Total Number: 27  Avg Return: 5 %
Company Name Ticker Offer Date Underwriter Offer Price First Day Close Current Price First Day Return Total Return
Energy Recovery ERII 7/1/08 Citi $8.50 $9.83 $9.83 15.6 % 15.6 %
Britannia Bulk Holdings DWT 6/17/08 Goldman Sachs $15.00 $13.85 $13.00 -7.7 % -13.3 %
RHI Entertainment RHIE 6/17/08 J.P. Morgan $14.00 $13.50 $13.04 -3.6 % -6.9 %
Safe Bulkers SB 5/28/08 Merrill Lynch $19.00 $18.90 $17.82 -0.5 % -6.2 %
American Capital Agency AGNC 5/14/08 Citi $20.00 $19.35 $16.48 -3.3 % -17.6 %
Verso Paper VRS 5/14/08 Credit Suisse $12.00 $10.00 $6.52 -16.7 % -45.7 %
Western Gas Partners L.P. WES 5/8/08 UBS Investment Bank $16.50 $16.50 $16.32 0.0 % -1.1 %
Colfax CFX 5/7/08 Merrill Lynch $18.00 $21.00 $23.82 16.7 % 32.3 %
Real Goods Solar RSOL 5/7/08 ThinkPanmure $10.00 $8.80 $6.00 -12.0 % -40.0 %
Pioneer Southwest Energy Partners PSE 4/30/08 Citi $19.00 $19.65 $21.62 3.4 % 13.8 %
Hatteras Financial HTS 4/24/08 Keefe Bruyette Woods $24.00 $24.68 $21.95 2.8 % -8.5 %
Whiting USA Trust I WHX 4/24/08 Raymond James $20.00 $20.85 $23.28 4.3 % 16.4 %
American Water Works AWK 4/22/08 Goldman Sachs $21.50 $20.60 $21.80 -4.2 % 1.4 %
Intrepid Potash IPI 4/21/08 Goldman Sachs $32.00 $50.40 $55.94 57.5 % 74.8 %
CardioNet BEAT 3/18/08 Citi $18.00 $17.70 $27.36 -1.7 % 52.0 %
Visa V 3/18/08 J.P. Morgan $44.00 $56.68 $78.07 28.8 % 77.4 %
Heritage-Crystal Clean HCCI 3/11/08 William Blair $11.50 $14.19 $13.07 23.4 % 13.7 %
BioHeart BHRT 2/18/08 Merriman Curhan Ford $5.25 $5.00 $2.23 -4.8 % -57.5 %
MAKO Surgical MAKO 2/14/08 J.P. Morgan $10.00 $9.18 $7.20 -8.2 % -28.0 %
ArcSight ARST 2/13/08 Morgan Stanley $9.00 $8.78 $8.96 -2.4 % -0.4 %
Asia Time Corporation TYM 2/11/08 Westpark Capital $3.50 $8.50 $4.57 142.9 % 30.5 %
ATA Inc. ATAI 1/28/08 Merrill Lynch $9.50 $8.75 $11.90 -7.9 % 25.3 %
Cascal HOO 1/28/08 J.P. Morgan $12.00 $12.00 $12.34 0.0 % 2.8 %
ReneSola SOL 1/28/08 Credit Suisse $13.00 $12.99 $13.16 -0.1 % 1.2 %
IPC IPCM 1/24/08 Credit Suisse $16.00 $20.48 $19.39 28.0 % 21.2 %
RiskMetrics Group RMG 1/24/08 Credit Suisse $17.50 $23.75 $18.08 35.7 % 3.3 %
Williams Pipeline Partners WMZ 1/17/08 Lehman Brothers $20.00 $20.00 $17.05 0.0 % -14.8 %
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