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 10 Connecticut Companies had their average stock market price increase by an impressive 36% over a short 30 month average period of time that their common stocks traded through the most recent date March 13, 2014.
SS&C Technologies Holdings, an exceptionally well run Business Software and Services Company serving the financial industry, had its stock market price increase by a huge 171% and was the driver of this overall average 36% growth. SS&C Technologies was founded by Evansville, IN native Bill Stone, who is its current CEO. Stone has given back to where he was born and raised by substantially adding many high paying jobs to Evansville. Some CEOs are pretty cool.
Below here are the stock market prices on the most recent date March 13, 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 % Market Price Change for this period of time, for these 10 Connecticut Companies:
|Connecticut IPOs During Obama|
|3/31/10||SS&C Technologies Holdings||Windsor||Technology||Business Software & Services||$40.91||$15.08||171%|
|7/26/12||Northern Tier Energy||Ridgefield||Basic Materials||Oil&Gas Refining&Marketing||$26.76||$14.16||89%|
|7/27/11||Tangoe||Orange||Technology||Business Software & Services||$16.81||$11.65||44%|
|1/31/14||Cara Therapeutics||Shelton||Health Care||Biotechnology||$18.43||$12.91||43%|
|7/28/11||Chefs Warehouse Holdings||Ridgefield||Services||Food Wholesale||$21.43||$17.50||22%|
|7/20/12||KAYAK Software||Norwalk||Technology||Application Software||$40.00||$33.18||21%|
|8/11/09||Starwood Property Trust||Greenwich||Financial||REIT-Diversified||$23.59||$20.00||18%|
|10/8/10||Ellington Financial LLC||Old Greenwich||Financial||Mortgage Investment||$23.98||$21.75||10%|
|5/1/13||Ellington Residential Mortgage REIT||Old Greenwich||Financial||REIT-Diversified||$17.51||$19.21||-9%|
|6/17/10||Higher One Holdings||New Haven||Services||Business Services||$7.55||$14.27||-47%|
|Average % Change all 10||36%|
|Average Number of Months 10 Stocks Traded||30|