Wednesday, March 12, 2014

New Jersey IPOs During Obama: 21 Companies Up 96% Over 20 Month Average Period

With the superb Initial Public Offering (IPO) data available from IPO Scoop, there were 21 New Jersey 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 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