Underwriter | After-Market |
| | |
Bear Stearns & Co. Inc. (1/2) | +39% |
Goldman Sachs & Co. (3/3) | +36% |
Salomon Smith Barney (0/1) | +5% |
Needham & Co. (0/1) | +1% |
Wachovia Securities (0/1) | +1% |
Banc of America Securities (0/1) | -5% |
Lehman Brothers Inc. (5/6) | -8% |
Morgan Stanley & Co. (4/4) | -14% |
Merrill Lynch & Co. (3/3) | -16% |
Pacific Growth Equities Inc. (0/1) | -18% |
Legg Mason Wood Walker (0/2) | -22% |
Adams, Harkness & Hill (0/1) | -31% |
Robertson Stephens Inc. (1/2) | -32% |
J.P. Morgan H&Q (1/2) | -33% |
Wells Fargo Van Kasper (0/1) | -34% |
S.G. Cowen Securities Corp. (0/1) | -35% |
UBS Warburg LLC (4/6) | -35% |
Thomas Weisel Partners LLC (0/2) | -40% |
CIBC World Markets Corp. (1/2) | -42% |
Fidelity Capital Markets (0/1) | -48% |
Lazard Freres & Co. LLC (0/1) | -48% |
Kashner Davidson Securities Corp. (1/1) | -64% |
Roan Meyers Associates LP (1/1) | -64% |
Morgan Keegan & Co. Inc. (2/2) | -67% |
Wilson Williams Financial Group (1/1) | -82% |
| | |
* The offerings in this chart include only those that were completed on U.S. stock exchanges (NASDAQ, NYSE or AMEX) from Jan. 1 Dec. 31, 2002. | |
# After-market performance is expressed as the percent change in stock price between the offering price and the closing price on 12/31/02. 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. | |
