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 7 Virginia Companies had their average stock market price increase by 13% over a very short 19 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 7 Virginia Companies:
1st Day | |||||||
3-11-14 | IPO | % | |||||
Stock | Closing | Market | |||||
IPO | City | Market | Market | Price | |||
Date | Company | HQs | Sector | Industry | Price | Price | Change |
Virginia IPOs During Obama | |||||||
11/20/09 | Global Defense Technology & Systems | McLean | Services | Engineering Services | $24.25 | $13.08 | 85% |
2/5/14 | Continental Building Products | Reston | Industrial Goods | General Building Materials | $19.90 | $15.19 | 31% |
8/9/13 | Cvent | McLean | Technology | Application Software | $41.95 | $32.92 | 27% |
11/17/10 | Booz Allen & Hamilton | McLean | Services | Management Services | $21.75 | $19.25 | 13% |
12/12/13 | Hilton Worldwide Holdings | McLean | Services | Lodging | $22.11 | $21.50 | 3% |
5/8/13 | Armada Hoffler Properties | Virginia Beach | Financial | REIT-Diversified | $9.96 | $11.50 | -13% |
4/15/09 | Rosetta Stone | Arlington | Technology | Application Software | $11.43 | $25.12 | -54% |
Average % Change all 7 Companies | 13% | ||||||
Average Number of Months 7 Stocks Traded | 19 |