One new IPO was launched during the past week, the second offering since the traditional summer break. Athenahealth Inc shares gained 97% in their first day of trading Thursday, after pricing above the expected range. A hundred and sixty-two IPOs have been priced so far in 2007 and 48% of them are trading above their offering price. There are four deals scheduled to be priced the following week.
One new IPO was launched during the past week after the traditional summer break of about one month. Shares of Encore Energy fell in their first day of trading after priced at the midpoint of the anticipated range. A hundred and sixty one IPOs have been priced so far in 2007 and 48% of them are trading above their offering price. There are two deals scheduled to be priced the following week.
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.
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