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Our Buy, Neutral or Avoid ratings of the Secondaries below are intended as a recommendation for those who buy Secondaries on a regular basis. For example, this is not to be interpreted as a Buy recommendation in the traditional sense of adding to your stock portfolio; this is a short term (usually one day or opening trade) time period.
Company: Loxo Oncology, Inc.
Symbol: LOXO
Price: Last Trade $73.65
Trade Date: 6/15
Shares: 2.7 million ($200m cash raise)
Underwriter(s) : Morgan Stanley, Cowen, Citigroup
Rating = Subscription Needed
Company: Sequans Communications S.A. A.D.R.
Symbol: SQNS
Price: Last Trade $4.05
Trade Date: 6/14
Re-offer Range: Subscription Needed
Shares: 3.75 million
Underwriter(s) : Canaccord Genuity
Rating = Subscription Needed
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