Wednesday, March 12, 2014

Utah IPOs During Obama: 4 Companies Up 8% Over 27 Month Average Period

With the superb Initial Public Offering (IPO) data available from IPO Scoop, there were 4 Utah 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 4 Utah Companies had their average stock market price increase by 8% over a short 27 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 4 Utah Companies:

1st Day

3-11-14 IPO %

Stock Closing Market

Market Market Price
Date Company HQs Sector Industry Price Price Change

Utah IPOs During Obama

11/5/09  Provo Technology Internet Information Providers $32.00 $14.20 125%
8/2/13 Control4 Corporation    Salt Lake City Technology Diversified Electronics $21.57 $20.50 5%
6/9/11 Fusion-io  Salt Lake City Technology Data Storage Devices $11.86 $22.50 -47%
7/20/11 Skullcandy  Park City Consumer Goods Electronic Equipment $10.04 $20.00 -50%

Average % Change all 4 Companies


Average Number of Months 4 Stocks Traded 27