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 16 Florida Companies had their average stock market price increase by an impressive 40% over a short 29 month average period of time that their common stocks traded through the most recent date March 13, 2014.
Spirit Airlines, with its stock market price increase of a massive 390% over only a short 34 month period of time, was the main driver of this overall average 40% growth. In addition, RailAmerica's 100% stock price growth and Bloomin Brands's 99% stock price growth over an extremely short 19 month period of time were also key contributors to this 40% overall average growth.
Bringing down this average stock market price growth of 40% were the 2 REITs, which had an average stock market price growth of a negative (14)%. This lower stock price growth for US REITs only makes sense because REITs are required to distribute annually at least 90% of their taxable income in order to retain their tax-exempt status.
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 16 Florida Companies:
| 1st Day | |||||||
| 3-13-14 | IPO | % | |||||
| Stock | Closing | Market | |||||
| IPO | City | Market | Market | Price | |||
| Date | Company | HQs | Sector | Industry | Price | Price | Change |
| Florida IPOs During Obama | |||||||
| 5/26/11 | Spirit Airlines | Miramar | Services | Major Airlines | $59.36 | $12.11 | 390% |
| 10/13/09 | RailAmerica | Jacksonville | Services | Railroads | $27.50 | $13.75 | 100% |
| 8/8/12 | Bloomin Brands | Tampa | Services | Restaurants | $24.69 | $12.41 | 99% |
| 5/3/12 | EverBank Financial | Jacksonville | Financial | Regional Banks | $19.01 | $10.60 | 79% |
| 9/20/12 | Capital Bank Financial | Coral Gables | Financial | Regional Banks | $25.27 | $18.19 | 39% |
| 7/25/13 | WCI Communities | Bonita Springs | Industrial Goods | Residential Construction | $19.54 | $15.12 | 29% |
| 1/18/13 | Norwegian Cruise Line Holdings | Miami | Services | General Entertainment | $32.00 | $24.79 | 29% |
| 1/28/11 | BankUnited | Miami Lakes | Financial | Regional Banks | $33.18 | $28.40 | 17% |
| 4/9/10 | Metals USA Holdings | Ft Lauderdale | Services | Wholesale Metal Service Centers | $20.65 | $19.20 | 8% |
| 6/17/11 | Bankrate | North Palm Beach | Technology | Internet Information Providers | $16.40 | $15.34 | 7% |
| 4/16/10 | Chatham Lodging Trust | Palm Beach | Financial | REIT-Hotel/Motel | $20.74 | $20.50 | 1% |
| 4/19/13 | SeaWorld Entertainment | Orlando | Services | Sporting Activities | $31.51 | $33.52 | -6% |
| 10/3/12 | JAVELIN Mortgage Investment | Vero Beach | Financial | REIT-Mortgage Investment | $13.81 | $19.60 | -30% |
| 12/17/10 | Fortegra Financial | Jacksonville | Financial | Property & Casualty Insurance | $7.17 | $11.00 | -35% |
| 9/24/09 | Vitacost.com | Boca Raton | Services | Catalog&Mail Order Houses | $6.76 | $12.05 | -44% |
| 2/8/11 | Imperial Holdings | Boca Raton | Financial | Life Insurance | $5.78 | $10.81 | -47% |
| Average % Change all 16 | 40% | ||||||
| Average Number of Months 16 Stocks Traded | 29 | ||||||
