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 12 Georgia Companies had their average stock market price increase by a very impressive 46% over a short 31 month average period of time that their common stocks traded through the most recent date March 13, 2014.
Bringing down this average stock market price growth of 46% were the 4 REITs, which had an average stock market price decline of 6%. 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.
The 8 Georgia Non-REITs had an average stock market price growth of an exceptional 73%, led by FleetCor Technologies which experienced a massive 325% stock market price increase. Altogether 3 of the 8 Georgia Non-REITs had their stock prices more than double.
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 12 Georgia Companies:
| 1st Day | |||||||
| 3-13-14 | IPO | % | |||||
| Stock | Closing | Market | |||||
| IPO | City | Market | Market | Price | |||
| Date | Company | HQs | Sector | Industry | Price | Price | Change |
| Georgia IPOs During Obama | |||||||
| REITs | |||||||
| 2/10/10 | Piedmont Office Trust Realty | Johns Creek | Financial | REIT-Office | $16.64 | $15.60 | 7% |
| 12/12/13 | CatchMark Timber Trust | Norcross | Industrial Goods | REIT | $13.16 | $13.50 | -3% |
| 6/26/09 | Invesco Mortgage Capital | Atlanta | Financial | REIT-Mortgage Investments | $17.21 | $19.42 | -11% |
| 4/1/11 | Preferred Apartment Communities | Atlanta | Financial | REIT-Apartments | $8.23 | $9.85 | -16% |
| Average % Change all 4 REITs | -6% | ||||||
| Non-REITs | |||||||
| 12/15/10 | FleetCor Technologies | Norcross | Services | Business Services | $117.92 | $27.75 | 325% |
| 4/1/10 | Primaerica | Duluth | Financial | Life Insurance | $46.66 | $19.65 | 137% |
| 10/28/10 | ExamWorks Group | Atlanta | Services | Business Services | $33.92 | $16.80 | 102% |
| 2/2/12 | Greenway Medical Technologies | Carrollton | Healthcare | Information Technology | $20.00 | $13.00 | 54% |
| 6/27/13 | HD Supply Holdings | Atlanta | Services | Industrial Equipment Wholesale | $22.99 | $18.66 | 23% |
| 9/13/13 | OCI Resources LP | Atlanta | Basic Materials | Industrial Metals & Minerals | $22.00 | $18.00 | 22% |
| 4/22/10 | Alimera Sciences | Alpharetta | Healthcare | Drug Manufacturers-Major | $6.74 | $11.00 | -39% |
| 7/28/11 | Teavana Holdings | Atlanta | Services | Specialty Retailer | $15.50 | $27.80 | -44% |
| Average % Change all 8 Non-REITs | 73% | ||||||
| Average % Change all 12 | 46% | ||||||
| Average Number of Months 12 Stocks Traded | 31 | ||||||
