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: SunEdison Semiconductor Limited
Symbol: SEMI
Price: Last trade $19.58
Trade Date: 6/25
Shares: 15.93 million
Underwriter(s) Deutsche Bank, Goldman Sachs
Co Manager(s) Barclays, Credit Suisse, Morgan Stanley, BBVA, KeyBanc Securities, Macquerie Capital, RBC Capital Markets, Wells Fargo Securities
Rating=Subscription Needed
Company: Alder BioPharmaceuticals
Symbol: ALDR
Price: Last trade $49.77
Trade Date: 6/26
Shares: 4 million
Underwriter(s) Credit Suisse, Leerink Partners, Wells Fargo Securities
Rating=Subscription Needed
Company: Dipexium Pharmaceuticals, Inc.
Symbol: DPRX
Price: Last trade $13.39
Trade Date: 6/26
Shares: 1.38 million
Underwriter(s) Raymond James
Rating=Subscription Needed
Company: Sabra Healthcare REIT
Symbol: SBRA
Price: Last trade $25.59
Trade Date: 6/25
Shares: 5 million
Underwriter(s) Wells Fargo, J.P. Morgan
Rating=Subscription Needed