Wednesday, March 12, 2014

Tennessee IPOs During Obama: 8 Companies Up 69% Over 32 Month Average Period

With the superb Initial Public Offering (IPO) data available from IPO Scoop, there were 8 Tennessee 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 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:

1st Day

3-11-14 IPO %

Stock Closing Market

Market Market Price
Date Company HQs Sector Industry Price Price Change

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%
3/10/11 HCA Holdings   Nashville Healthcare Hospitals $49.24 $31.02 59%
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


Average Number of Months 8 Stocks Traded 32