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 36 Massachusetts Companies had their average stock market price increase by an extremely impressive 54% over an extremely short 22 month average period of time that their common stocks traded through the most recent date March 12, 2014.
When you think Massachusetts, you think great US Research Universities and then you clearly think of Health Care first and Technology second.
Of these 36 Massachusetts IPOs during the Obama Administration so far, precisely half of them, or 18, were Health Care Companies. And then of those 18 Health Care Companies, 13 of them were Biotechs.
OK, so how did these Health Care Companies do on the stock market price front?
Well, nothing short of phenomenal. These 18 Health Care Companies posted an average stock market price increase of 65% and this was over an incredibly short 13 month average period of time.
Yeah, Obamacare is severely damaging Health Care Companies. Give me a break!
The 7 Massachusetts Technology Companies with IPOs had an average stock market price increase of 73% over a short 29 month average period of time. And 5 of these 7 Technology Companies were Application Software Companies.
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 36 Massachusetts Companies:
| 1st Day | |||||||
| 3-12-14 | IPO | % | |||||
| Stock | Closing | Market | |||||
| IPO | City | Market | Market | Price | |||
| Date | Company | HQs | Sector | Industry | Price | Price | Change |
| Massachusetts IPOs During Obama | |||||||
| Health Care | |||||||
| 10/22/10 | Aegerion Pharmaceuticals | Cambridge | Healthcare | Biotechnology | $51.66 | $10.80 | 378% |
| 11/6/13 | Karyopharm Therapeutics | Natick | Health Care | Major Drug Manufacturers | $40.37 | $16.05 | 152% |
| 9/19/13 | Acceleron Pharma | Cambridge | Health Care | Biotechnology | $48.13 | $19.99 | 141% |
| 6/28/12 | TESARO | Waltham | Healthcare | Biotechnology | $30.48 | $13.69 | 123% |
| 3/21/13 | Enanta Pharmaceuticals | Watertown | Health Care | Biotechnology | $38.25 | $17.18 | 123% |
| 3/20/13 | Tetraphase Pharmaceuticals | Watertown | Health Care | Major Drug Manufacturers | $12.28 | $7.00 | 75% |
| 2/5/14 | Genocea Biosciences | Cambridge | Health Care | Biotechnology | $18.16 | $11.00 | 65% |
| 7/24/13 | Agios Pharmaceuticals | Cambridge | Health Care | Biotechnology | $43.44 | $31.28 | 39% |
| 2/12/14 | Flexion Therapeutics | Burlington | Health Care | Major Drug Manufacturers | $19.70 | $14.71 | 34% |
| 5/31/13 | Epizyme | Cambridge | Health Care | Biotechnology | $28.66 | $22.99 | 25% |
| 1/27/12 | Verastem | Cambridge | Healthcare | Biotechnology | $13.36 | $11.09 | 20% |
| 9/25/13 | Foundation Medicine | Cambridge | Health Care | Medical Labs & Research | $41.33 | $35.35 | 17% |
| 2/3/10 | Ironwood Pharmaceutical | Cambridge | Healthcare | Drugs- Generic | $13.06 | $11.65 | 12% |
| 6/20/13 | bluebird bio | Cambridge | Health Care | Biotechnology | $26.93 | $26.39 | 2% |
| 2/13/14 | Concert Pharmaceuticals | Lexington | Health Care | Biotechnology | $14.33 | $14.18 | 1% |
| 9/20/13 | BIND Therapeutics | Cambridge | Health Care | Biotechnology | $13.10 | $14.09 | -7% |
| 3/29/12 | Merrimack Pharmaceuticals | Cambridge | Healthcare | Biotechnology | $5.61 | $6.04 | -7% |
| 1/30/14 | Dicerna Pharmaceuticals | Watertown | Health Care | Biotechnology | $37.36 | $46.00 | -19% |
| Average % Change all 18 Health Care | 65% | ||||||
| Average Number of Months 13 Stocks Traded | 13 | ||||||
| Technology | |||||||
| 3/15/12 | Demandware | Burlington | Technology | Application Software | $76.37 | $23.85 | 220% |
| 7/1/09 | LogMeIn | Woburn | Technology | Application Software | $45.14 | $20.02 | 125% |
| 3/11/10 | Sensata Technologies | Attleboro | Technology | Scientific & Technical Instruments | $41.06 | $18.50 | 122% |
| 6/28/12 | Exa Corporation | Burlington | Technology | Application Software | $14.48 | $9.98 | 45% |
| 10/25/13 | Endurance International Group Holdings | Burlington | Technology | Application Software | $14.50 | $11.25 | 29% |
| 3/15/12 | M/A-COM Technology Solutions Holdings | Lowell | Technology | Semiconductor-Broad Line | $19.24 | $20.55 | -6% |
| 2/17/12 | Brightcove | Boston | Technology | Application Software | $11.03 | $14.30 | -23% |
| Average % Change all 7 Technology | 73% | ||||||
| Average Number of Months 7 Stocks Traded | 29 | ||||||
| Other Sectors | |||||||
| 7/27/11 | Dunkin Brands Group | Canton | Services | Restaurants | $52.44 | $27.85 | 88% |
| 4/15/11 | STAG Industrial | Boston | Financial | REIT-Industrial | $23.48 | $12.50 | 88% |
| 11/18/10 | LPL Financial Holdings | Boston | Financial | Investment Brokerage-National | $53.48 | $32.15 | 66% |
| 1/25/13 | Bright Horizons Family Solutions | Watertown | Services | Personal Services | $39.84 | $28.32 | 41% |
| 3/7/12 | Select Income REIT | Newton | Financial | REIT-Diversified | $29.12 | $21.74 | 34% |
| 6/2/09 | Government Properties Income Trust | Newton | Financial | REIT-Office | $24.73 | $19.47 | 27% |
| 11/14/13 | Houghton Mifflin Harcourt | Boston | Services | Education & Training | $19.55 | $15.86 | 23% |
| 7/22/10 | Ameresco | Framingham | Industrial Goods | Industrial Electrical Equipment | $9.88 | $10.17 | -3% |
| 8/11/11 | Carbonite | Boston | Services | Business Services | $10.69 | $12.35 | -13% |
| 6/12/09 | CYS Investments | Waltham | Financial | REIT-Mortgage Investments | $8.75 | $11.55 | -24% |
| 4/14/11 | Zipcar | Cambridge | Services | Auto Rental | $12.25 | $28.00 | -56% |
| Average % Change all 11 Other Sectors | 25% | ||||||
| Average Number of Months 11 Stocks Traded | 33 | ||||||
| Average % Change all 36 | 54% | ||||||
| Average Number of Months 36 Stocks Traded | 22 | ||||||
