Secondaries announced 9.19.2016

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: Aquinox
Symbol: AQXP
Price: Last trade $12.68
Description: No re-offer range available
Trade Date: 9/20
Shares: 4.73 million
Underwriter(s) Leerink Partners, Canaccord Genuity, Guggenheim Securities, Needham & Co.
Rating=Subscription Needed

Company: Oclaro, Inc.
Symbol: OCLR
Price: Last trade $9.10
Trade Date: 9/23
Shares: 13 million
Underwriter(s) Jefferies
Co Manager(s) Needham, Stifel, Craig-Hallum
Rating=Subscription Needed

Company: Encana Corporation
Symbol: ECA
Price: Last trade $9.86
Description: Re-offer $9.35-$9.70
Trade Date: 9/20
Shares: 107 million
Underwriter(s) Credit Suisse, J.P. Morgan
Rating=Subscription Needed

Company: Trinseo SA-BLOCK
Symbol: TSE
Price: Last trade $55.76
Description: Re-offer $54.35
Trade Date: 9/20
Shares: 10.7 million
Underwriter(s) Morgan Stanley
Rating=Subscription Needed