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 8 Tennessee Companies had their average stock market price increase by an impressive 69% over a 32 month average period of time that their common stocks traded through the most recent date March 11, 2014.
The 4 Tennessee Health Care Companies did even better, registering an average stock market price increase of an extremely impressive 89%. Yeah, Obamacare is really crushing Health Care Companies. Give me a break!
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 8 Tennessee Companies:
|Tennessee IPOs During Obama|
|12/16/09||Team Health Holdings||Knoxville||Healthcare||Staffing & Outsourcing Services||$46.59||$12.81||264%|
|11/13/09||Dollar General||Goodlettsville||Services||Discount Variety Stores||$59.40||$22.73||161%|
|11/2/12||Delek Logistics Partners, LP||Brentwood||Basic Materials||Independent Oil & Gas||$34.10||$22.35||53%|
|1/31/14||Malibu Boats||Loudon||Consumer Goods||Sport Boats||$22.24||$17.75||25%|
|6/22/11||Vanguard Health Systems||Nashville||Healthcare||Hospital & Medical Service Plans||$21.01||$18.05||16%|
|8/1/09||Emdeon||Nashville||Healthcare||Medical Billing Services||$19.00||$16.52||15%|
|5/14/10||Noranda Aluminum Holding||Franklin||Basic Materials||Aluminum||$4.91||$8.80||-44%|
|Average % Change all 8 Tennessee Companies||69%|
|Average Number of Months 8 Stocks Traded||32|