by Tom Taulli | February 6, 2012 10:47 am
IPO performance was mixed last week. In fact, there were three deals that had to be postponed (one was because a company agreed to be acquired).
Here’s a rundown of the offerings:
| company | ticker | return (%) |
| Cempra | CEMP | 0 |
| AVG Technologies | AVG | -18.2 |
| Greenway | GWAY | 32.3 |
| Matador Resources | MTDR | 0 |
| U.S. Silica | SLCA | -5.2 |
Despite the volatility, the average return was still nearly 2%, which shows how one deal can make up for the duds!
For this week, 10 companies plan to hit the markets:
| company (ticker) | terms | description |
| Caesars Entertainment (CZR) | 1.8M shares at $8-$10/share | Major casino operator |
| Cementos Pacasmayo (CPAC) | 20M shares at $12-$13/share | Largest cement producer in Peru |
| Ceres (CERE) | 5M shares at $21-$23/share | Seed producer for bioenergy |
| ChemoCentryx (CCXI) | 4M shares at $14-$16/share | Biotech focused on rheumatoid arthritis and Crohn’s disease |
| EPAM Systems (EPAM) | 7.4M shares at $16-$18/share | Eastern European information-technology service provider |
| FX Alliance (FX) | 5.2M at $14-$16/share | Operates a technology platform for foreign-exchange trading |
| GSE Holding (GSE) | 7M shares at $8-$10/share | Manages waste for mining and other environmental matters |
| Roundys (RNDY) | 18.2M shares at $10-$12/share | Supermarket chain in the Midwest |
| Synacor (SYNC) | 6.8M shares at $9-$11/share | Provided technology systems to cable and telecom companies |
| TVAX Biomedical (TVAX) | 2M shares at $9-$11/share | Biotech focused on cancer treatments |
Tom Taulli runs the InvestorPlace blog IPO Playbook, a site dedicated to the hottest news and rumors about initial public offerings. He also is the author of “The Complete M&A Handbook”[1], “All About Short Selling”[2] and “All About Commodities.”[3] Follow him on Twitter at @ttaulli[4] or reach him via email[5]. As of this writing, he did not own a position in any of the aforementioned securities.
Source URL: http://investorplace.com/ipo-playbook/10-ipos-on-tap-for-this-week/
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