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: Tesco Corporation-BLOCK
Symbol: TESO
Price: Last trade $11.88
Trade Date: 4/15
Shares: 3.2 million
Underwriter(s) Jefferies
Rating=Subscription Needed
Company: Monroe Capital Corporation
Symbol: MRCC
Price: Last trade $15.25
Trade Date: 4/15
Shares: 2.62 million
Underwriter(s) Robert W. Baird & Co
Rating=Subscription Needed
Company: Starwood Property Trust, Inc.
Symbol: STWD
Price: Last trade $24.44
Trade Date: 4/15
Shares: 12.0 million
Underwriter(s) Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Wells Fargo Securities, LLC
Rating=Subscription Needed
Company: Akebia Therapeutics, Inc.
Symbol: AKBA
Price: Last trade $9.73
Trade Date: 4/17
Shares: 6.2 million
Underwriter(s) Morgan Stanley, UBS Investment Bank
Rating=Subscription Needed