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:
|Iowa IPOs During Obama|
|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||130%|
|Average Number of Months 3 Stocks Traded||19|