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: Sarepta Therapeutics, Inc.
Symbol: SRPT
Price: Last trade $19.44
Description: Re-offer range: $18.10-$18.70
Trade Date: 6/9
Shares: 1.9 million
Underwriter(s) Credit Suisse, Baird
Rating=Subscription Needed
Company: Tesco Corporation
Symbol: TESO
Price: Last trade $7.90
Description: Re-offer range: $6.75-$7.25
Trade Date: 6/9
Shares: 7 million
Underwriter(s) BofA Merrill Lynch
Rating=Subscription Needed
Company: Wintrust Financial
Symbol: WTFC
Price: Last trade $53.78
Description: Re-offer range: $51.75-$52.50
Trade Date: 6/9
Shares: 3 million
Underwriter(s) Raymond James
Rating=Subscription Needed
Company: Activision Blizzard, Inc.
Symbol: ATVI
Price: Last trade $38.12
Description: Re-offer $38.10
Trade Date: 6/9
Shares: 26 million
Underwriter(s) Credit Suisse
Rating=Subscription Needed