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: BeiGene, Ltd.
Symbol: BGNE
Price: Last trade $36.90
Trade Date: 11/18
Shares: 4.7 million ADSs
Underwriter(s)Morgan Stanley, Goldman Sachs, Cowen & Co.
Rating=Subscription Needed
Company: Emerge Energy Services LP
Symbol: EMES
Price: Last trade $10.91
Description: No re-offer range available
Trade Date: 11/18
Shares: 2.75 million
Underwriter(s)J.P. Morgan, Piper Jaffray
Rating=Subscription Needed
Company: Kratos Defense & Security Solutions, Inc.
Symbol: KTOS
Price: Last trade $6.85
Description: No re-offer range available
Trade Date: 11/18
Shares: 7.3 million
Underwriter(s)Canaccord Genuity, B. Riley & Co.
Co Manager(s)Noble Financial Capital Markets
Rating=Subscription Needed
Company: New Media Investment Group
Symbol: NEWM
Price: Last trade $16.75
Description: No re-offer range available
Trade Date: 11/18
Shares: 7.5 million
Underwriter(s)Morgan Stanley
Rating=Subscription Needed