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:
|Arizona IPOs During Obama|
|5/2/13||Insys Therapeutics||Phoenix||Health Care||Biotechnology||$70.97||$9.58||641%|
|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%|