{"id":3521,"date":"2017-12-01T16:03:32","date_gmt":"2017-12-01T21:03:32","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=3521"},"modified":"2017-12-01T16:03:32","modified_gmt":"2017-12-01T21:03:32","slug":"weekly-secondary-performance-ending-12-1-17","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/weekly-secondary-performance-ending-12-1-17\/","title":{"rendered":"Weekly Secondary Performance (ending 12.1.17)"},"content":{"rendered":"

You can Subscribe to IPO Boutique\u2019s Secondary Only Service by clicking here<\/a>:<\/h4>\n

 <\/p>\n

This past week 17 secondary offerings came to market and IPO Boutique placed BUY ratings on 14 of them. In all, $4.77bn was raised by companies in the secondary market this week. <\/span><\/p>\n

The average gain of IPO Boutique <\/span>BUY<\/b> rated offerings this week at<\/span> first trade was 2.5%<\/b><\/p>\n

The average gain of IPO Boutique <\/span>Neutral<\/b> rated offerings this week at <\/span>first trade was 1.3%.<\/b><\/p>\n

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

The last 20 IPO Boutique \u2018BUY\u2019 rated secondary offerings have produced an <\/span>average gain of 2.52%<\/b> at first trade and an <\/span>average gain of 6.95% <\/b>at the high of their first-day of trading.<\/span><\/p>\n

After the Thanksgiving holiday, equity capital markets were once again busy with a steady flow of offerings throughout the week. <\/span><\/p>\n

The deal of the week was <\/span>Catalyst Pharmaceuticals (CPRX)<\/b>. Underwritten by Piper Jaffray and SunTrust Robinson…the offering priced at $3.50 — a 3.0% discount to the $3.61 last trade. CPRX opened with a 7.1% gain at first trade and traded very well — closing 13.7% above the offering price. IPO Boutique rated this offering as a BUY.<\/span><\/p>\n

A couple of marketed deals had solid performances. <\/span>Teladoc (TDOC) and Medpace Holdings (MEDP) <\/b>each closed their offering day with gains of 6.0% and 3.4%, respectively. <\/span>\u00a0<\/b><\/p>\n

The largest offering this week was a US Foods Holding Corp. block trade which performed better than anticipated. The $1.13bn sale priced just $0.02 below the last trade and opened with a 2.3% premium at first trade.<\/span><\/p>\n

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

You can Subscribe to IPO Boutique\u2019s Secondary Only Service by clicking here:   This past week 17 secondary offerings came to market and IPO Boutique placed BUY ratings on 14 of them. In all, $4.77bn was raised by companies in the secondary market this week. The average gain of IPO Boutique BUY rated offerings this[…]<\/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-3521","post","type-post","status-publish","format-standard","hentry","category-secondary-offerings"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3521","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=3521"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3521\/revisions"}],"predecessor-version":[{"id":3525,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3521\/revisions\/3525"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=3521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=3521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=3521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}