Underwriter | After-Market Performance (Average) |
| |
Goldman Sachs & Co. (1) | +56% |
Bear Stearns & Co. Inc. (1) | +19% |
J.P. Morgan H&Q (1) | +10% |
Merrill Lynch & Co. (2) | -17% |
Wilson Williams Financial Group (1) | -22% |
Lehman Brothers Inc. (5) | -22% |
Robertson Stephens Inc. (1) | -33% |
Kashner Davidson Securities Corp. (1) | -38% |
Roan Meyers Associates LP (1) | -38% |
Morgan Stanley & Co. (1) | -44% |
UBS Warburg LLC (3) | -46% |
Morgan Keegan & Co. Inc. (2) | -57% |
CIBC World Markets Corp. (1) | -68% |
| |
# After-market performance is expressed as the percent change in stock price between the offering price and the closing price on 8/20/02. 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. |