Sunday, March 16, 2014

Arizona IPOs During Obama: 7 Companies Up 134% Over 16 Month Average Period

With the superb Initial Public Offering (IPO) data available from IPO Scoop, there were 7 Arizona Companies filing IPOs so far during the Obama Administration .....from Jan 2009 through Feb 2014..... which have a Market Capitalization of more than $100 mil presently or were sold for at least that amount.
 
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 heavily.

These 7 Arizona Companies had their average stock market price increase by a phenomenal 134% over an extremely short 16 month average period of time that their common stocks traded through the most recent date March 14, 2014.

The main driver of this 134% average stock price growth was Insys Therapeutics, a Biotechnology Company which registered a massive 641% stock market price growth for the extremely short 16 months from when it went public through March 14, 2014.

Altogether there were 3 of the 7 Arizona Companies filing IPOs which had their stock market prices more than double from IPO first day closing price to March 14, 2014.

Below here are the stock market prices on the most recent date March 14, 2014 or the date the Company was sold and also at the close on the first day of the IPO, as well as the related Percentage Market Price Change for this period of time, for these 7 Arizona Companies:






1st Day





3-14-14 IPO %





Stock Closing Market
IPO
City

Market Market Price
Date Company HQs Sector Industry Price Price Change

Arizona IPOs During Obama












5/2/13 Insys Therapeutics  Phoenix Health Care Biotechnology $70.97 $9.58 641%
10/3/12 LifeLock  Tempe Technology Application Software $19.81 $8.36 137%
12/16/10 Swift Holdings  Phoenix Services Trucking $25.62 $11.10 131%
9/20/12 Spirit Realty Capital  Scottsdale Financial REIT-Diversified $11.43 $7.87 45%
4/10/13 Taylor Morrison Home    Scottsdale Industrial Goods Residential Construction $23.26 $23.04 1%
8/1/13 Sprouts Farmers Markets  Phoenix Services Grocery Stores $37.95 $40.11 -5%
5/9/13 American Residential Properties   Scottsdale Financial REIT-Diversified $18.20 $21.00 -13%









Average % Change all 7




134%