Underwriter (Number Of Offerings As Lead/ | |
After-Market Performance (Average) | |
Needham & Co. Inc. (0/2) |
+60% |
Legg Mason Wood Walker (1/2) |
+39% |
Wells Fargo Van Kasper (1/1) |
+38% |
Lehman Brothers Inc. (5/7) |
+35% |
Lazard Freres & Co. LLC (0/1) |
+26% |
UBS Warburg LLC (5/8) |
+20% |
Robertson Stephens Inc. (1/5) |
+16% |
S.G. Cowen Securities Corp. (4/12) |
+13% |
Fortis Securities Inc. (0/1) |
+11% |
U.S. Bancorp Piper Jaffray (2/7) |
+10% |
Deutsche Banc Alex. Brown (3/3) |
+7% |
Leerink Swann & Co. (0/2) |
+6% |
Pacific Growth Equities Inc. (0/2) |
+6% |
Credit Suisse First Boston (5/5) |
+5% |
Banc of America Securities Inc. (2/5) |
+3% |
J.P. Morgan Chase & Co. (3/5) |
+1% |
Fahnestock & Co. Inc. (0/1) |
0% |
Roth Capital Partners (0/1) |
0% |
Bear Stearns & Co. Inc. (0/1) |
-1% |
First Albany Corp. (0/1) |
-1% |
Morgan Stanley Dean Witter (1/2) |
-1% |
C.E. Unterberg, Towbin (2/2) |
-6% |
Merrill Lynch & Co. (4/4) |
-7% |
Gruntal & Co. LLC (0/1) |
-10% |
CIBC World Markets Corp. (2/12) |
-15% |
Robert W. Baird & Co. Inc. (0/2) |
-16% |
Thomas Weisel Partners LLC (3/3) |
-27% |
Ladenburg Thalmann & Co. (1/1) |
-31% |
Fidelity Capital Markets (0/1) |
-33% |
Gerard Klauer Mattison & Co. (2/2) |
-33% |
Adams, Harkness & Hill Inc. (0/1) |
-34% |
Arnold & S. Bleichroeder Inc. (0/1) |
-34% |
Dain Rauscher Wessels (0/3) |
-46% |
ABN Amro Rothschild LLC (0/1) |
-56% |
Salomon Smith Barney (1/1) |
-76% |
* 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, 2001. | |
# After-market performance is expressed as the percent change in stock price between the offering price and the closing price on 12/31/01. 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. |