Wednesday, March 12, 2014

South Carolina IPOs During Obama: 2 Companies Up 46% Over 15 Month Average Period

With the superb Initial Public Offering (IPO) data available from IPO Scoop, there were 2 South 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 2 South Carolina Companies had their average stock market price increase by a very impressive 46% over an extremely short 15 month average period of time that their common stocks traded through the most recent date March 11, 2014.

Below here are the stock market prices on the most recent date March 11, 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 2 South Carolina Companies:






1st Day





3-11-14 IPO %





Stock Closing Market
IPO
City

Market Market Price
Date Company HQs Sector Industry Price Price Change

South Carolina IPOs During Obama





3/28/12 Regional Management  Greenville Financial Credit Services $29.83 $16.45 81%
9/18/13 Benefitfocus  Charleston Technology Application Software $59.71 $53.55 12%









Average % Change all 2 South Carolina Companies



46%

Average Number of Months 2 Stocks Traded 15