IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating.
Company: WPX Energy, Inc.
Symbol: WPX
Price: Last trade $13.77
Description: Re-offer range $12.95-$13.55
Trade Date: 1/13
Shares: 42 million
Underwriter(s)Credit Suisse
Rating=Subscription Needed
Company: Ooma, Inc.
Symbol: OOMA
Price: Last trade $9.20
Description: Re-offer $8.65
Trade Date: 1/13
Shares: TBD
Underwriter(s)B. Riley & Co.
Rating=Subscription Needed
Secondaries announced 01.12.2017