Thursday, March 13, 2014

Iowa IPOs During Obama: 3 Companies Up 130% Over 19 Month Average Period

With the superb Initial Public Offering (IPO) data available from IPO Scoop, there were 3 Iowa 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 3 Iowa Companies had their average stock market price increase by a spectacularly off-the-charts 130% over a very short 19 month average period of time that their common stocks traded through the most recent date March 13, 2014.

Iowa Biotech NewLink Genetics drove this Iowa outsized stock market explosion with its stock price increasing by an amazing 355% over the 28 month period.  Whew!

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 3 Iowa Companies:

1st Day

3-13-14 IPO %

Stock Closing Market

Market Market Price
Date Company HQs Sector Industry Price Price Change

Iowa IPOs During Obama

11/11/11 NewLink Genetics  Ames Healthcare Biotechnology $32.22 $7.08 355%
12/13/13 Fidelity & Guaranty Life  Des Moines Financial Life Insurance $23.85 $18.86 26%
1/19/12 Renewable Energy Group  Ames Basic Materials Oil & Gas Refining & Marketing $11.09 $10.10 10%

Average % Change all 3


Average Number of Months 3 Stocks Traded 19