The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts. The superb Yahoo Finance website was also utilized.
These 19 US Company 2008 IPOs had their equally-company-weighted average stock market prices decline by 37% from the IPO first day closing market price during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But in the five years since March 6, 2009, the equally-company-weighted average stock market prices of these same 19 US Companies having 2008 IPOs have increased by a very impressive 277% through yesterday, March 6, 2014.
It should also be pointed out that this 277% average stock market growth for these 19 US Company IPOs occurred during the entire five-year period when the US Senate was in Democratic Control.
Below here are the stock market prices of these 19 US Companies having IPOs in 2008 on March 6, 2014, on March 6, 2009, and on the first day IPO closing market in 2008, along with the related % Changes for these two periods of time:
2008 | % | |||||
1st Day | % | Change | ||||
IPO | Change | 1st Day | ||||
3-6-14 | 3-6-09 | Closing | 3-6-09 | Close | ||
IPO | Market | Market | Market | to | to | |
Date | Company | Price | Price | Price | 3-6-14 | 3-6-09 |
1/17/08 | Williams Pipeline Partners L.P.* | 37.94 | 7.00 | 20.00 | 442% | -65% |
1/24/08 | IPC The Hospitalist Company | 52.12 | 15.30 | 20.48 | 241% | -25% |
2/14/08 | MAKO Surgical | 30.00 | 6.81 | 9.18 | 341% | -26% |
3/11/08 | Heritage-Crystal Clean | 18.70 | 8.84 | 14.19 | 112% | -38% |
3/18/08 | BioTelemetry | 11.12 | 24.71 | 17.70 | -55% | 40% |
3/18/08 | Visa | 223.86 | 50.19 | 56.50 | 346% | -11% |
4/21/08 | Intrepid Potash | 16.35 | 14.49 | 50.40 | 13% | -71% |
4/22/08 | American Water Works | 44.36 | 16.82 | 20.60 | 164% | -18% |
4/24/08 | Hatteras Financial | 19.60 | 22.10 | 24.68 | -11% | -10% |
4/30/08 | Pioneer Southwest Energy Partners LP | 42.50 | 13.32 | 19.65 | 219% | -32% |
5/7/08 | Colfax | 71.53 | 6.01 | 21.00 | 1090% | -71% |
5/7/08 | Real Goods Solar | 4.25 | 1.93 | 8.80 | 120% | -78% |
5/8/08 | Western Gas Partners LP | 64.20 | 12.79 | 16.50 | 402% | -22% |
5/14/08 | American Capital Agency | 22.55 | 14.73 | 19.35 | 53% | -24% |
5/14/08 | Verso Paper | 2.41 | 0.36 | 10.00 | 569% | -96% |
7/2/08 | Energy Recovery | 6.49 | 4.72 | 9.83 | 38% | -52% |
7/23/08 | GT Advanced Technologies | 16.98 | 4.02 | 14.59 | 322% | -72% |
8/7/08 | Rackspace Hosting | 37.89 | 5.46 | 10.01 | 594% | -45% |
11/19/08 | Grand Canyon Education | 47.44 | 12.99 | 11.85 | 265% | 10% |
Average % Change all 19 | 277% | -37% |
* based on .7584 Exchange Ratio in merger with Williams Partners LP