Wednesday, March 12, 2014

Massachusetts IPOs During Obama: 36 Companies Up 54% Over 22 Month Average Period

With the superb Initial Public Offering (IPO) data available from IPO Scoop, there were 36 Massachusetts 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 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