Secondaries announced 11.9.2016

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: U.S. Silica
Symbol: SLCA
Price: Last trade $48.71
Description: Re-offer $45.00-$47.50
Trade Date: 11/10
Shares: 9 million
Underwriter(s)Morgan Stanley, Barclays
Rating=Subscription Needed

Company: Bovie Medical Corporation
Symbol: BVX
Price: Last trade $4.66
Description: No re-offer range available
Trade Date: 11/10
Shares: TBD
Underwriter(s)Piper Jaffray
Rating=Subscription Needed

Company: Summit Materials, Inc.
Symbol: SUM
Price: Last trade $22.76
Description: Re-offer range $21.90-$22.10
Trade Date: 11/10
Shares: 16.6 million
Underwriter(s)Barclays
Rating=Subscription Needed