{"id":3243,"date":"2017-10-20T17:16:34","date_gmt":"2017-10-20T21:16:34","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=3243"},"modified":"2017-10-20T17:16:34","modified_gmt":"2017-10-20T21:16:34","slug":"weekly-secondary-review-101617-102017","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/weekly-secondary-review-101617-102017\/","title":{"rendered":"Weekly Secondary Review – 10\/16\/17 – 10\/20\/17"},"content":{"rendered":"

You can Subscribe to IPO Boutique\u2019s Secondary Only Service by clicking here<\/a>:<\/h4>\n
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This past week 12 secondary offerings came to market and IPO Boutique placed BUY ratings on 8 of them. In all, $873m was raised by companies in the secondary market this week.<\/span><\/p>\n

\"Screen<\/a><\/p>\n

The average gain of IPO Boutique <\/span>BUY<\/b> rated offerings this week at<\/span> first trade was 4.2%<\/b><\/p>\n

The average gain of IPO Boutique <\/span>Neutral<\/b> rated offerings this week at <\/span>first trade was 0.0%.<\/b><\/p>\n

The last 20 IPO Boutique \u2018BUY\u2019 rated secondary offerings have produced an <\/span>average gain of 6.03%<\/b> at first trade and an <\/span>average gain of 10.63% <\/b>at the high of their first-day of trading.<\/span><\/p>\n

It was another lighter week for follow-on offerings as less than $1.0bn worth of secondary offerings were priced in the market. With market conditions remaining ripe, just one of the eight BUY offerings that IPO Boutique placed on secondaries- opened in the red. In comparison, of the three secondaries that IPO Boutique placed a Neutral rating on, two opened below their respective offering price and all three closed their offering day in the red.<\/span><\/p>\n

The best offerings this week were <\/span>Abeona Therapeutics (ABEO)<\/b>, <\/span>Bluelinx Holdings (BXC)<\/b> and <\/span>CUI Global (CUI)<\/b> which opened 8.7%, 14.9% and 8.9% above their respective offering prices. \u00a0The largest offering of the week was a $185m raise by Pattern Energy (PEGI). PEGI was one of two energy related deals to come to market on Wednesday, the other being Earthstone Energy (ESTE)<\/strong>, and both closed their offering day below their offering prices. <\/span><\/p>\n

There are currently two secondary offerings being marketed for the upcoming week, <\/span>Dolphin Entertainment (DLPN) and Sachem Capital (SACH)<\/b>.<\/span><\/p>\n

\"Weekly<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

You can Subscribe to IPO Boutique\u2019s Secondary Only Service by clicking here: This past week 12 secondary offerings came to market and IPO Boutique placed BUY ratings on 8 of them. In all, $873m was raised by companies in the secondary market this week. The average gain of IPO Boutique BUY rated offerings this week[…]<\/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":[],"class_list":["post-3243","post","type-post","status-publish","format-standard","hentry","category-secondary-offerings"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3243","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=3243"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3243\/revisions"}],"predecessor-version":[{"id":3246,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3243\/revisions\/3246"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=3243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=3243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=3243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}