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 21 New Jersey Companies had their average stock market price increase by a spectacular 96% over a very short 20 month average period of time that their common stocks traded through the most recent date March 12, 2014.
New Jersey's Health Care Companies drove this exceptional stock market price growth. Leading the Health Care pack was Pacira Pharmaceuticals, whose stock market price increased by more than 9 times over this short period of time. There were 6 of these 21 Companies which had their stock price more than double, with 4 of them being Health Care Companies. Of the Top 11 having the highest stock price appreciation..... all above 60%, 7 of them were Health Care Companies.
Yeah, Obamacare is crushing the Health Care Companies. Give me a break!
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 21 New Jersey Companies:
1st Day | |||||||
3-12-14 | IPO | % | |||||
Stock | Closing | Market | |||||
IPO | City | Market | Market | Price | |||
Date | Company | HQs | Sector | Industry | Price | Price | Change |
New Jersey IPOs During Obama | |||||||
2/3/11 | Pacira Pharmaceuticals | Parsippany | Healthcare | Drug Manufacturers- Major | $71.90 | $7.02 | 924% |
10/28/09 | Vitamin Shoppe | North Bergen | Healthcare | Specialty Retail | $45.19 | $17.95 | 152% |
8/22/13 | Regado Biosciences | Basking Ridge | Health Care | Biotechnology | $11.05 | $4.70 | 135% |
10/7/09 | Verisk Analytics | Jersey City | Technology | Business Services | $63.29 | $27.22 | 133% |
10/28/10 | SeaCube Container Leasing | Park Ridge | Services | Equipment Leasing | $23.00 | $11.00 | 109% |
10/25/13 | Aerie Pharmaceuticals | Bedminster | Health Care | Major Drug Manufacturers | $21.91 | $10.61 | 107% |
6/21/13 | PTC Therapeutics | South Plainfield | Health Care | Biotechnology | $32.13 | $16.49 | 95% |
10/8/09 | Mistras Group | Princeton Junction | Services | Security & Protection Services | $22.53 | $12.53 | 80% |
4/11/13 | Omthera Pharmaceuticals | Princeton | Health Care | Other Drug Manufacturers | $13.30 | $7.43 | 79% |
2/12/13 | ConnectOne Bancorp | Englewood Cliffs | Financial | Regional Banks | $48.71 | $29.65 | 64% |
4/5/13 | Cancer Genetics | Rutherford | Health Care | Medical Lab Services | $18.09 | $11.25 | 61% |
10/11/12 | Realogy Holdings | Madison | Financial | Property Management | $46.90 | $34.20 | 37% |
3/28/13 | Pinnacle Foods | Parsippany | Consumer Goods | Food-Major Diversified | $29.21 | $22.21 | 32% |
12/15/10 | GAIN Capital Holdings | Bedminster | Financial | Investment Brokerage-National | $10.73 | $8.85 | 21% |
2/12/14 | Eagle Pharmaceuticals | Woodcliff Lake | Health Care | Generic Drugs | $14.10 | $12.83 | 10% |
10/2/13 | Burlington Holdings | Burlington | Services | Discount Variety Stores | $26.53 | $25.01 | 6% |
12/13/12 | PBF Energy | Parsippany | Basic Materials | Oil&Gas Refining&Marketing | $27.17 | $26.25 | 4% |
10/3/13 | Cherry Hill Mortgage Investment | Moorestown | Financial | REIT-Residential | $18.35 | $18.48 | -1% |
2/1/13 | Zoetis | Florham Park | Health Care | Generic Drugs | $29.70 | $31.01 | -4% |
4/19/12 | Tumi Holdings | South Plainfield | Services | Specialty Retail | $23.19 | $26.50 | -12% |
2/8/13 | ZAIS Financial | Red Bank | Financial | REIT-Diversified | $17.30 | $19.95 | -13% |
Average % Change all 21 | 96% | ||||||
Average Number of Months 21 Stocks Traded | 20 |