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 13 Maryland Companies had their average stock market price increase by a very impressive 63% over a short 29 month average period of time that their common stocks traded through the most recent date March 12, 2014.
Technology Application Software Company BroadSoft, with its stock market price increase of 242% over this short period of time, was the main driver of this overall average 63% growth.
Bringing down this average stock market price growth of 63% were the 5 REITs, which had an average stock market price growth of a bit lower 39%. 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 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 13 Maryland Companies:
1st Day | |||||||
3-12-14 | IPO | % | |||||
Stock | Closing | Market | |||||
IPO | City | Market | Market | Price | |||
Date | Company | HQs | Sector | Industry | Price | Price | Change |
Maryland IPOs During Obama | |||||||
6/16/10 | BroadSoft | Gaithersburg | Technology | Application Software | $28.41 | $8.30 | 242% |
2/1/12 | U.S. Silica Holdings | Frederick | Basic Materials | Industrial Metals & Minerals | $35.24 | $16.00 | 120% |
1/10/14 | GlycoMimetics | Gaithersburg | Health Care | Biotechnology | $17.00 | $9.01 | 89% |
10/1/10 | The KEYW Holding | Hanover | Technology | Application Software | $20.34 | $11.38 | 79% |
5/1/12 | Supernus Pharmaceuticals | Rockville | Healthcare | Generic Drugs | $9.15 | $5.37 | 70% |
12/9/09 | Pebblebrook Hotel Trust | Bethesda | Financial | REIT-Hotel/Motel | $34.52 | $20.45 | 69% |
12/15/10 | Walker & Dunlop | Bethesda | Financial | Real Estate Development | $15.96 | $9.90 | 61% |
5/11/11 | RLJ Lodging Trust | Bethesda | Financial | REIT-Hotel/Motel | $26.51 | $17.68 | 50% |
1/22/10 | Chesapeake Lodging Trust | Annapolis | Financial | REIT-Hotel/Motel | $26.15 | $19.00 | 38% |
10/10/13 | MacroGenics | Rockville | Health Care | Biotechnology | $33.30 | $24.99 | 33% |
4/18/13 | Hannon Armstrong Sustainable Infrastructure Capital | Annapolis | Financial | REIT-Diversified | $14.65 | $11.40 | 29% |
8/4/11 | American Capital Mortgage Investment | Bethesda | Financial | REIT-Diversified | $19.86 | $18.41 | 8% |
3/29/12 | Millennial Media | Baltimore | Services | Marketing Services | $6.84 | $25.00 | -73% |
Average % Change all 13 | 63% | ||||||
Average Number of Months 13 Stocks Traded | 29 |