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: Concordia Healthcare
Symbol: CXRX
Price: Last trade $72.23
Trade Date: 9/25
Shares: 8 million
Underwriter(s) Goldman Sachs, RBC Capital Markets, Credit Suisse, Jefferies
Rating=Subscription Needed
Company: Weatherford International plc
Symbol: WFT
Price: Last trade $10.12
Trade Date: 9/22
Shares: TBD
Underwriter(s) Citigroup, Wells Fargo Securities
Rating=Subscription Needed
Company: IntraCellular
Symbol: ITCI
Price: Last trade $50.85
Trade Date: 9/23
Shares: 5.9 million
Underwriter(s) Leerink Partners, Cowen & Co., RBC Capital Markets, Guggenheim
Co Manager(s) Ladenbur Thalmann, SunTrust Robinson Humphrey
Rating=Subscription Needed
Company: HealthEquity, Inc.
Symbol: HQY
Price: Last trade $30.47
Trade Date: 9/22
Shares: 3 million
Underwriter(s) Wells Fargo Securities
Rating=Subscription Needed
Company: New Mountain Finance Corporation
Symbol: NMFC
Price: Last trade $14.50
Trade Date: 9/22
Shares: 5 million
Underwriter(s) Wells Fargo Securities, Goldman Sachs, Morgan Stanley, Keefe, Bruyette & Woods, Robert Baird & Co.
CoManager(s) Janney Montgomery Scott, Oppenheimer
Rating=Subscription Needed
Company: Memorial Resource Develpment Corp.
Symbol: MRD
Price: Last trade $18.54
Trade Date: 9/22
Shares: 10.5 million
Underwriter(s) Barclays
Rating=Subscription Needed
Company: Sportsman’s Warehouse Holdings, Inc.
Symbol: SPWH
Price: Last trade $13.99
Trade Date: 9/25
Shares: 6.25 million
Underwriter(s) Credit Suisse, Goldmnan Sachs
Rating=Subscription Needed