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: Spirit Realty Capital, Inc.
Symbol: SRC
Price: Last Trade $11.46
Trade Date: 4/12
Shares: 27 million
Underwriter(s) Morgan Stanley, BofA Merrill Lynch, J.P. Morgan, Deutsche Bank
Rating=Subscription Needed
Company: HealthEquity, Inc.-BLOCK
Symbol: HQY
Price: Last trade $24.27
Trade Date: 4/12
Shares: 500,000
Underwriter(s) Raymond James
Rating=Subscription Needed
Company: Rexford Industrial Realty, Inc.
Symbol: REXR
Price: Last trade $18.01
Trade Date: 4/12
Shares: 9 million
Underwriter(s) BofA Merrill Lynch, Citigroup, J.P. Morgan, Wells Fargo Securities, Jefferies
Rating=Subscription Needed