{"id":1706,"date":"2017-01-24T16:57:37","date_gmt":"2017-01-24T21:57:37","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=1706"},"modified":"2017-01-24T17:06:25","modified_gmt":"2017-01-24T22:06:25","slug":"secondaries-announced-01-24-2017","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/secondaries-announced-01-24-2017\/","title":{"rendered":"Secondaries announced 01.24.2017"},"content":{"rendered":"

IPOBoutique.Com rates secondary offerings to hit the tape with a \u2018BUY\u2019, \u2018NEUTRAL\u2019 or \u2018AVOID\u2019 rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary\u2019s he\u2019s issued with a \u2018BUY\u2019 rating. <\/p>\n

Company:\tHorizon Global Corporation
\nSymbol:\tHZN
\nPrice:\t\tLast trade $20.89
\nTrade Date:\t1\/27
\nShares:\t3.5 million
\nUnderwriter(s)Wells Fargo, J.P. Morgan, BofA Merrill Lynch, BMO Capital Markets
\nRating=Subscription Needed<\/a><\/p>\n

Company:\tMercury Systems, Inc.
\nSymbol:\tMRCY
\nPrice:\t\tLast trade $34.07
\nTrade Date:\t1\/27
\nShares:\t5 million
\nUnderwriter(s)Citigroup Global Markets, BofA Merrill Lynch, J.P. Morgan
\nRating=Subscription Needed<\/a><\/p>\n

Company: Patterson-UTI Energy
\nSymbol: PTEN
\nPrice: Last trade $27.00
\nDescription: Re-offer range $25.95-$26.45
\nTrade Date: 1\/25
\nShares: 14.8 million
\nUnderwriter(s)Goldman Sachs, BofA Merrill Lynch, Scotia Howard Weil, Wells Fargo
\nRating=Subscription Needed<\/a><\/p>\n

Company: The Michaels Companies-BLOCK
\nSymbol: MIK
\nPrice: Last trade $21.78
\nDescription: Re-offer $21.50
\nTrade Date: 1\/25
\nShares: 8 million
\nUnderwriter(s)BofA Merrill Lynch
\nRating=Subscription Needed<\/a><\/p>\n

Company: The Liberty Media Group-BLOCK
\nSymbol: LMCK
\nPrice: Last trade $29.42
\nDescription: Re-offer range $28.85-$29.15
\nTrade Date: 1\/25
\nShares: 1.3 million
\nUnderwriter(s)UBS Investment Bank
\nRating=Subscription Needed<\/a><\/p>\n

Company:\tNewtek Business Services Inc.
\nSymbol:\tNEWT
\nPrice:\t\tLast trade $16.25
\nDescription:\tNo re-offer range available
\nTrade Date:\t1\/25
\nShares:\t1.5 million
\nUnderwriter(s)Keefe, Bruyette & Woods, Inc., Raymond James, UBS
\nRating=Subscription Needed<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

IPOBoutique.Com rates secondary offerings to hit the tape with a \u2018BUY\u2019, \u2018NEUTRAL\u2019 or \u2018AVOID\u2019 rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary\u2019s he\u2019s issued with a \u2018BUY\u2019 rating. Company: Horizon Global Corporation Symbol: HZN Price: Last trade $20.89 Trade Date: 1\/27 Shares: 3.5 million Underwriter(s)Wells Fargo, J.P. Morgan, BofA Merrill[…]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[35],"tags":[1041,1043,38,783,656,1042],"class_list":["post-1706","post","type-post","status-publish","format-standard","hentry","category-secondary-offerings","tag-hzn","tag-lmck","tag-mik","tag-mrcy","tag-newt","tag-pten"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/1706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=1706"}],"version-history":[{"count":2,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/1706\/revisions"}],"predecessor-version":[{"id":1708,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/1706\/revisions\/1708"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=1706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=1706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=1706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}