Wednesday, March 12, 2014

North Carolina IPOs During Obama: 14 Companies Up 37% Over 17 Month Average Period

With the superb Initial Public Offering (IPO) data available from IPO Scoop, there were 14 North Carolina 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 14 North Carolina Companies had their average stock market price increase by a very impressive 37% over an exceptionally short 17 month average period of time that their common stocks traded through the most recent date March 12, 2014.

Two Technology Application Software Companies drove this strong stock market price growth, with both of them posting stock market price growth of above 140%.

And 3 of the best 7 stock market price performers were Biotechnology Companies.

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 14 North Carolina Companies:






1st Day





3-12-14 IPO %





Stock Closing Market
IPO
City

Market Market Price
Date Company HQs Sector Industry Price Price Change

North Carolina IPOs During Obama





5/23/13 ChannelAdvisor  Morrisville Technology Application Software $45.09 $18.44 145%
9/24/10 SciQuest  Cary Technology Application Software $29.95 $12.27 144%
2/3/12 Cempra Holdings  Chapel Hill Healthcare Biotechnology $11.20 $6.06 85%
10/25/13 CommScope Holding  Hickory Technology Communication Equipment $21.32 $14.99 42%
8/9/13 Stock Building Supply Holdings  Raleigh Industrial Goods General Building Materials $20.26 $14.43 40%
2/7/14 Argos Therapeutics   Durham Health Care Biotechnology $10.96 $8.00 37%
4/11/13 Chimerix  Durham Health Care Biotechnology $24.58 $18.79 31%
5/9/13 Quintiles Transnational Holdings   Durham Health Care Medical Labs & Research $52.82 $42.11 25%
10/1/09 Talecris BioTherapeutics  Research Triangle Park Healthcare Drug Manufacturers $26.16 $21.15 24%
9/26/13 Premier  Charlotte Technology Healthcare Information Services $34.84 $30.65 14%
11/5/10 The Fresh Market  Greensboro Services Grocery Stores $35.56 $32.11 11%
11/13/13 Extended Stay America Charlotte Services Lodging $24.08 $23.87 1%
10/14/10 Campus Crest Communities  Charlotte Financial REIT-Diversified $8.45 $12.51 -32%
5/23/13 Ply Gem Holdings  Cary Industrial Goods General Building Materials $12.44 $23.30 -47%









Average % Change all 14




37%

Average Number of Months 14 Stocks Traded 17