Underwriter(Number of Offerings As Lead/Number of Offerings As Lead Or Co-manager) | After-Market Performance (Average) |
|
George K. Baum & Co. (0/1) | +100% |
|
Ragen Mackenzie Inc. (0/2) | +70% |
|
Stephens Inc. (0/3) | +48% |
|
FAC/Equities (0/1) | +46% |
|
KBC Securities (0/1) | +38% |
|
Fahnestock & Co. Inc. (0/1) | +30% |
|
Credit Suisse First Boston (4/10) | +29% |
|
Merrill Lynch & Co. (9/11) | +28% |
|
Salomon Smith Barney (4/9) | +25% |
|
Legg Mason Wood Walker (0/3) | +19% |
|
Cazenove & Co. (0/1) | +16% |
|
Morgan Stanley Dean Witter Inc. (11/11) | +14% |
|
Pacific Growth Equities Inc. (0/12) | +13% |
|
DLJ Direct Inc. (0/2) | +9% |
|
Donaldson, Lufkin & Jenrette (2/2) | +9% |
|
Deutsche Banc Alex. Brown (9/12) | +9% |
|
U.S. Bancorp Piper Jaffray (4/21) | +9% |
|
Gerard Klauer Mattison & Co. (0/2) | +8% |
|
Thomas Weisel Partners LLC (2/6) | +6% |
|
Lazard Freres & Co. LLC (0/3) | +5% |
|
CIBC World Markets (12/26) | +5% |
|
Bear, Stearns & Co. Inc. (3/9) | +3% |
|
Lehman Brothers Inc. (13/27) | +1% |
|
Roth Capital Partners Inc. (1/2) | 0% |
|
Robert W. Baird & Co. (0/3) | -2% |
|
Prudential Vector Healthcare Group (5/27) | -3% |
|
Robertson Stephens Inc. (11/26) | -6% |
|
J.P. Morgan & Co. (9/13) | -7% |
|
Chase H&Q (7/32) | -8% |
|
UBS Warburg/Warburg Dillon Read LLC (12/31) | -8% |
|
S.G. Cowen Securities Corp. (6/24) | -9% |
|
Fidelity Capital Markets (0/4) | -10% |
|
Bank of America Securities (2/8) | -11% |
|
ING Barings LLC (3/13) | -14% |
|
William Blair & Co. (0/3) | -16% |
|
A.G. Edwards & Sons Inc. (0/2) | -19% |
|
Leerink Swann & Co. Inc. (0/1) | -19% |
|
Invemed Associates (0/4) | -20% |
|
PaineWebber Inc. (2/5) | -22% |
|
Punk Ziegel & Co. (0/1) | -24% |
|
Adams, Harkness & Hill (0/8) | -25% |
|
Goldman, Sachs & Co. (6/8) | -26% |
|
Tucker Anthony Cleary Gull/T.A. Inc. (0/2) | -27% |
|
Dain, Rauscher Wessels (0/10) | -28% |
|
Gruntal & Co. LLC (0/2) | -28% |
|
Sanders Morris Harris (1/1) | -31% |
|
First Colonial Securities (0/1) | -34% |
|
I-Bankers Securities Inc. (0/1) | -34% |
|
Paulson Investment Co. (1/1) | -34% |
|
Americal Securities (0/1) | -45% |
|
Wit SoundView (0/1) | -53% |
|
Granite Financial Group (0/1) | -54% |
|
First Union Securities Inc. (0/3) | -55% |
|
First Security Van Kasper (1/1) | -56% |
|
Nomura International (0/1) | -57% |
|
Goldman Sachs International (1/1) | -58% |
|
Neidiger Tucker Bruner Inc. (1/1) | -72% |
|
Westport Resources Investment Services Inc. (0/1) | -72% |
|
Aragon Securities AB (0/1) | -88% |
|
Bank Vontobel (1/1) | N/A |
|
*The offerings in this chart include only those that were completed on U.S. stock exchanges (NASDAQ, NYSE or AMEX) from January - December 2000. Gross proceeds include additional funding raised from the exercise of overallotment options, when disclosed. |
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#After-market performance is expressed as the percent change in stock price between the offering price and the closing price on 12/31/00. 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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