Underwriter (Number of IPOs As Lead/Number | After-Market Performance |
| |
Banc of America Securities (0/1) | -24% |
J.P. Morgan Chase & Co. (1/1) | -24% |
CIBC World Markets Corp. (1/3) | -30% |
Merrill Lynch & Co. (1/1) | -30% |
Thomas Weisel Partners LLC (1/1) | -30% |
Dain Rauscher Wessels (0/1) | -37% |
Fidelity Capital Markets (0/1) | -37% |
Lehman Brothers Inc. (1/1) | -37% |
Robert W. Baird & Co. Inc. (0/1) | -37% |
|
|
* The offerings in this chart include only those that were completed on U.S. stock exchanges (NASDAQ, NYSE or AMEX) from January Aug. 17, 2001. Gross proceeds include additional funding raised from the exercise of overallotment options, when disclosed. |
|
# After-market performance is expressed as the percent change in stock price between the offering price and the closing price on 8/17/01. 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. |