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: Hortonworks, Inc.
Symbol: HDP
Price: Last trade $9.93
Trade Date: 2/2
Shares: 8.45 million
Underwriter(s) Goldman Sachs, Credit Suisse, RBC Capital Markets
Rating=Subscription Needed
Company: American Campus Communities
Symbol: ACC
Price: Last trade $42.42
Trade Date: 2/2
Shares: 13 million
Underwriter(s) BofA Merrill Lynch, KeyBanc Capital Markets
Rating=Subscription Needed
Secondaries announced 2.1.2016