Scorecard of U.S. IPOs the week of Sept. 21-25
Seven U.S.-listed initial public offerings priced this week and raised $2.95 billion in the busiest week for U.S. IPOs since December 2007.
Two IPOs rose in their first day of trade, two were flat and three fell. Below are the details of each IPO, with their first day performance.
SHANDA GAMES LTD:
Proceeds: $1.04 billion
Lead managers: Goldman Sachs (Asia), JP Morgan
Ticker/Exchange: GAME on Nasdaq
Company: Gaming unit of Chinese media co Shanda Interactive Entertainment Ltd
First day performance: down 14 percent
ARTIO GLOBAL INVESTORS INC:
Proceeds: $650 million
Lead manager: Goldman Sachs
Ticker/Exchange: ART on NYSE
Company: U.S. asset management arm of Julius Baer
First day performance: up 4.8 percent
A123 SYSTEMS INC:
Raised: $379.4 million
Lead managers: Morgan Stanley, Goldman Sachs
Ticker/Exchange: AONE on Nasdaq
Company: Designs, develops, manufactures and sells lithium-ion batteries and battery systems used by carmakers
First day performance: up 50.3 percent
SELECT MEDICAL HOLDINGS CORP:SLC.N
Proceeds: $300 million
Lead managers: Goldman Sachs, Morgan Stanley, Bank of America Merrill Lynch, JP Morgan.
Ticker/Exchange: SEM on NYSE
Company: hospital operator
First day: up 0.9 percent
COLONY FINANCIAL INC:
Proceeds: $250 million
Lead managers: Bank of America Merrill Lynch, Goldman Sachs, Morgan Stanley and UBS Investment Bank
Ticker/Exchange: CLNY on the New York Stock Exchange
Company: mortgage REIT.
First day performance: down 2.5 percent
APOLLO COMMERCIAL REAL ESTATE FINANCE:
Raised: $200 million
Lead managers: JP Morgan, Citi, Barclays Capital
Ticker/Exchange: ARI on NYSE
Company: mortgage REIT
First day performance: down 7.5 percent
VITACOST.COM INC :
Raised: $132 mln (11 mln shares, $12)
Lead managers: Jefferies & Co and Oppenheimer & Co
Ticker/Exchange: VITC on Nasdaq
Company: online retailer and direct marketer of dietary supplements
First day performance: up 0.42 percent
(Writing by Phil Wahba; Editing by Ted Kerr)
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