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: Intrexon Corporation
Symbol: XON
Price: Last trade $42.50
Trade Date: 8/21
Shares: 4.7 million
Underwriter(s) JMP Securities, Stifel
Rating=Subscription Needed
Company: GigOptix, Inc.
Symbol: GIG
Price: Last trade $2.15
Trade Date: 8/21
Shares: 282,000
Underwriter(s) Cowen, & Co., Roth Capital Partners
Co Manager(s) Craig-Hallum Capital Group
Rating=Subscription Needed
Secondaries announced 8.20.2015