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 5 Minnesota Companies had their average stock market price increase by an incredibly off-the-charts 114% over a very short 20 month average period of time that their common stocks traded through the most recent date March 12, 2014.
Technology Application Software Company SPS Commerce, with its stock market price increase of 389% over this short period of time, was the main driver of this overall average 114% growth.
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 5 Minnesota Companies:
|Minnesota IPOs During Obama|
|4/22/10||SPS Commerce||Minneapolis||Technology||Application Software||$66.45||$13.60||389%|
|2/24/12||Proto Labs||Maple Plain||Industrial Goods||Machine Tools & Accessories||$70.50||$29.00||143%|
|10/21/09||AGA Medical Holdings||Plymouth||Healthcare||Medical Equipment & Instruments||$20.80||$14.60||42%|
|11/7/13||Norcraft Companies||Eagan||Consumer Goods||Home Furnishings & Fixtures||$17.14||$15.50||11%|
|12/14/12||Silver Bay Realty Trust||Minnetonka||Financial||REIT-Residential||$15.70||$18.24||-14%|
|Average % Change all 5||114%|
|Average Number of Months 5 Stocks Traded||20|