Underwriter | After-Market Performance (Average) |
| |
Kashner Davidson Securities Corp. (1) | -38% |
Roan Meyers Associates LP (1) | -38% |
Merrill Lynch & Co. (1) | -43% |
UBS Warburg LLC (1) | -44% |
Lehman Brothers Inc. (2) | -56% |
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. |
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