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: IntraCellular
Symbol: ITCI
Price: Last trade $25.73
Trade Date: 3/6
Shares: 4.25 million
Underwriter(s) Leerink Partners, Cowen & Co., RBC Capital Markets
Rating=Subscription Needed
Company: Apollo Commercial Real Estate Finance, Inc.
Symbol: ARI
Price: Last trade $17.52
Trade Date: 3/5
Shares: 10 million
Underwriter(s) BofA Merrill Lynch, J.P. Morgan, Citigroup
Co Manager(s) JMP Securities
Rating=Subscription Needed
Company: Sprouts Farmers Market, Inc.-BLOCK
Symbol: SFM
Price: Last trade $34.73
Trade Date: 3/5
Shares: 15.8 million
Underwriter(s) Barclays, Morgan Stanley
Rating=Subscription Needed
Company: Encana Corporation
Symbol: ECA
Price: Last trade $12.27
Trade Date: 3/5
Shares: 85.6 million
Underwriter(s) RBC Capital Markets, Credit Suisse, Scotiabank
Rating=Subscription Needed