Underwriter (Number Of IPOs As Lead/ |
After-Market Performance (Average) |
S.G. Cowen Securities Corp. (0/1) |
+1% |
UBS Warburg LLC (1/1) |
+1% |
C.E. Unterberg, Towbin (1/1) |
0% |
Fahnestock & Co. Inc. (0/1) |
0% |
Roth Capital Partners (0/1) |
0% |
Thomas Weisel Partners LLC (2/2) |
-13% |
Robert W. Baird & Co. Inc. (0/2) |
-16% |
Banc of America Securities (0/1) |
-19% |
J.P. Morgan Chase & Co. (1/1) |
-19% |
CIBC World Markets Corp. (1/4) |
-20% |
Merrill Lynch & Co. (1/1) |
-27% |
Dain Rauscher Wessels (0/1) |
-33% |
Fidelity Capital Markets (0/1) |
-33% |
Lehman Brothers Inc. (1/1) |
-33% |
# 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. | |
