Michigan IPOs During Obama: 6 Companies Up 55% Over 21 Month Average Period

With the superb Initial Public Offering (IPO) data available from IPO Scoop, there were 6 Michigan 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 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:

						1st Day
					3-12-14	IPO	%
					Stock	Closing	Market
IPO		City			Market	Market	Price
Date	Company	HQs	Sector	Industry	Price	Price	Change
	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%
2/12/14	Talmer Bancorp	Troy	Finance	Bank	$13.68	$13.80	-1%
9/26/13	Covisint	Detroit	Technology	Application Software	$10.36	$12.31	-16%
	Average % Change all 6						55%
	Average Number of Months 6 Stocks Traded		21