Secondaries announced 01.26.2017

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: Workhorse
Symbol: WKHS
Price: Last trade $3.47
Description: Re-offer $3.00
Trade Date: 1/27
Shares: 4.3 million
Underwriter(s)Oppenheimer & Co., Cowen & Co.
Rating=Subscription Needed

Company: K2M Group Holdings
Symbol: KTWO
Price: Last trade $21.28
Description: Re-offer $20.40-$20.60
Trade Date: 1/27
Shares: 4 million
Underwriter(s)Piper Jaffray
Rating=Subscription Needed