Thursday, March 13, 2014

Kansas IPOs During Obama: 3 Companies Up 69% Over 8 Month Average Period

With the superb Initial Public Offering (IPO) data available from IPO Scoop, there were 3 Kansas 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 Kansas Companies had their average stock market price increase by an off-the-charts 69% especially given that it was over an extremely short 8 month average period of time that their common stocks traded through the most recent date March 12, 2014.

Biotech Company Aratana Therapeutics was the main driver with its stock market price advancing by 135%.  

Below here are the stock market prices on the most recent date March 12, 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 Kansas Companies:

1st Day

3-12-14 IPO %

Stock Closing Market

Market Market Price
Date Company HQs Sector Industry Price Price Change

Kansas IPOs During Obama

6/27/13 Aratana Therapeutics   Kansas City Health Care Biotechnology $19.42 $8.26 135%
5/14/13 Tallgrass Energy Partners, LP    Overland Park Basic Materials Oil & Gas Pipelines $32.18 $21.50 50%
10/9/13 QTS Realty Trust    Overland Park Financial REIT-Industrial $25.69 $21.00 22%

Average % Change all 2


Average Number of Months 2 Stocks Traded 8