Secondaries announced 11.16.2016

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: Aclaris Therapeutics, Inc.
Symbol: ACRS
Price: Last trade $22.86
Trade Date: 11/18
Shares: 2.8 million
Underwriter(s)Jefferies, Leerink Partners, Guggenheim Securities
CoManager(s)William Blair & Co., JMP Securities
Rating=Subscription Needed

Company: Fox Factory Holding Corp.
Symbol: FOXF
Price: Last trade $22.75
Description: No re-offer range available
Trade Date: 11/17
Shares: 3.5 million
Underwriter(s)Baird & Co., Blair & Co.
Rating=Subscription Needed

Company: Sterling Bancorp
Symbol: STL
Price: Last trade $21.85
Description: Re-offer range $21.10-$21.40
Trade Date: 11/17
Shares: 3.8 million
Underwriter(s)Credit Suisse, UBS Investment Bank
Rating=Subscription Needed

Company: Planet Fitness, Inc.
Symbol: PLNT
Price: Last trade $24.12
Description: Re-offer range $23.35-$23.65
Trade Date: 11/17
Shares: 15 million
Underwriter(s)J.P. Morgan
Rating=Subscription Needed

Company: Red Rock Resorts, Inc.
Symbol: RRR
Price: Last trade $22.24
Description: Re-offer range $21.70-$21.90
Trade Date: 11/17
Shares: 3.7 million
Underwriter(s)UBS Investment Bank
Rating=Subscription Needed

Company: Performance Food Group Company
Symbol: PFGC
Price: Last trade $24.05
Description: Re-offer range $22.85-$23.25
Trade Date: 11/17
Shares: 10 million
Underwriter(s) Goldman Sachs
Rating=Subscription Needed