Underwriter (Number Of Offerings As Lead/ | After-Market |
| |
Brean Murray & Co. (0/1) |
+100% |
Stanford Group (0/1) |
+100% |
Punk, Ziegel & Co. (0/3) |
+86% |
WR Hambrecht + Co. (2/6) |
+39% |
Delafield Hambrecht (0/2) |
+31% |
First Albany Capital (0/4) |
+30% |
Merrill Lynch & Co. (4/4) |
+26% |
Morgan Stanley & Co. (11/11) |
+25% |
Bear, Stearns & Co. (3/8) |
+22% |
Jefferies & Co. (1/3) |
+17% |
Think Equity Partners (0/2) |
+17% |
Credit Suisse First Boston (2/5) |
+16% |
Wachovia Capital Markets (0/1) |
+13% |
CIBC World Markets (4/13) |
+11% |
Citigroup Global Markets (5/7) |
+10% |
Thomas Weisel Partners (3/11) |
+9% |
Wells Fargo Securities (0/3) |
+9% |
Deutsche Bank Securities (8/9) |
+7% |
Needham & Co. (3/10) |
+6% |
Goldman Sachs & Co. (4/4) |
+4% |
SG Cowen Securities (10/17) |
+2% |
Robert W. Baird & Co. (0/3) |
+2% |
Piper Jaffray & Co. (7/17) |
+1% |
Banc of America Securities (4/8) |
+1% |
Harris Nesbitt (0/5) |
-1% |
Fortis Securities (0/2) |
-1% |
Roth Capital Partners (1/3) |
-4% |
Ryan Beck & Co. (1/1) |
-4% |
Merriman Curhan Ford & Co. (0/1) |
-6% |
UBS Investment Bank (16/16) |
-7% |
Pacific Growth Equities (3/6) |
-7% |
Lazard Freres & Co. (1/8) |
-9% |
Legg Mason Wood Walker (1/7) |
-9% |
Adams, Harkness & Hill (0/4) |
-9% |
Rodman & Renshaw (0/3) |
-9% |
JP Morgan Securities (4/6) |
-10% |
Leerink Swann & Co. (0/3) |
-11% |
C.E. Unterberg, Towbin (0/1) |
-12% |
William Blair & Co. (0/1) |
-12% |
A.G. Edwards & Sons (0/1) |
-14% |
Lehman Brothers (5/5) |
-15% |
JMP Securities (0/6) |
-23% |
RBC Capital Markets (2/3) |
-27% |
* The offerings in this chart include only those that were completed on U.S. stock exchanges from Jan. 1 to Dec. 31, 2004. | |
# After-market performance is expressed as the percent change in stock price between the offering price and the closing price on 12/31/04. 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. |