Underwriter |
After-Market |
| | |
Credit Suisse First Boston (1) |
+52% |
Merril Lynch & Co. (3) |
+24% |
Banc of America Securities (3) |
+18% |
CIBC World Markets (6) |
+14% |
Piper Jaffray & Co. (1) |
+14% |
Deutche Bank Securities (2) |
+13% |
Wachovia Capital Markets (1) |
+9% |
Lehman Brothers (2) |
+7% |
UBS Investment Bank (11) |
+0% |
SG Cowen & Co. (3) |
-2% |
WR Hambrecht + Co. (1) |
-4% |
Punk, Ziegel & Co. (1) |
-4% |
Goldman, Sachs & Co. (1) |
-5% |
JP Morgan Securities (2) |
-6% |
Thomas Weisel Partners (1) |
-6% |
Morgan Stanley & Co. (3) |
-14% |
Citigroup (1) |
-23% |
Adams Harkness (1) |
-23% |
First Dunbar Securities (1) |
-24% |
Bear, Stearns & Co. (1) |
-39% |
Pacific Growth Equities (1) |
-43% |
# After-market performance is expressed as the percent change in stock price between the offering price and the closing price on 6/30/05. For underwriters with multiple offerings, the after-market performance (as a percent change) was calculated for each stock in that underwriter's "group," the percentage summed, and then averaged. | |
