02.22.2017 Secondary Announcement

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: Cloud Peak Energy
Symbol: CLD
Price: Last trade $5.68
Description: Re-offer range $5.00-$5.20
Trade Date: 2/23
Shares: 13.5 million
Underwriter(s)Credit Suisse, J.P. Morgan, Jefferies
Rating=Subscription Needed

Company: New Gold, Inc.
Symbol: NGD
Price: Last trade $3.04
Description: Re-offer $2.80
Trade Date: 2/23
Shares: 53.6 million
Underwriter(s)RBC Capital Markets, Scotiabank
Rating=Subscription Needed

Company: Artisan Partners Asset Management Inc.
Symbol: APAM
Price: Last trade $30.40
Description: Re-offer range $29.25-$29.50
Trade Date: 2/23
Shares: 5.6 million
Underwriter(s)Citigroup, BofA Merrill Lynch
Rating=Subscription Needed