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 6 Michigan Companies had their average stock market price increase by a very impressive 55% over a very short 21 month average period of time that their common stocks traded through the most recent date March 12, 2014.
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 6 Michigan Companies:
|Michigan IPOs During Obama|
|11/17/11||Delphi Automotive PLC||Troy||Consumer Goods||Auto Parts||$67.17||$21.33||215%|
|10/15/10||Tower International||Livonia||Industrial Goods||Metal Fabrication||$27.01||$13.00||108%|
|6/26/13||Esperion Therapeutics||Plymouth||Health Care||Biotechnology||$17.59||$14.50||21%|
|11/18/10||General Motors Company||Detroit||Consumer Goods||Auto Manufacturers-Major||$34.86||$34.19||2%|
|Average % Change all 6||55%|
|Average Number of Months 6 Stocks Traded||21|