IPO Central
Get in-depth information about IPO filings, recent offering performance and the upcoming IPO calendar.
Biggest First Days
Energy Recovery specializes in cutting the high energy costs associated with salt desalination. Investors seemed energized about the idea, pushing the company's stock up 16% on its first day of trading in July on the NASDAQ. Rackspace Hosting didn't enjoy quite the same reception on the NYSE in August. The telecom and network services provider on its first day trading saw a 20% decline in the value of its stock.
Biggest First-Day Gains
| Company Name | Offer Price | Close Price (First Day) |
Percent Change |
|---|---|---|---|
| Energy Recovery, Inc. | $8.50 | $9.83 | 16% |
| China Mass Media International Advertising Corp. | $6.80 | $6.50 | -4% |
| China Distance Education Holdings Limited | $7.00 | $6.63 | -5% |
| GT Solar International, Inc. | $16.50 | $14.59 | -12% |
| Rackspace Hosting, Inc. | $12.50 | $10.01 | -20% |
Biggest First-Day Drops
| Company Name | Offer Price | Close Price (First Day) |
Percent Change |
|---|---|---|---|
| Rackspace Hosting, Inc. | $12.50 | $10.01 | -20% |
| GT Solar International, Inc. | $16.50 | $14.59 | -12% |
| China Distance Education Holdings Limited | $7.00 | $6.63 | -5% |
| China Mass Media International Advertising Corp. | $6.80 | $6.50 | -4% |
| Energy Recovery, Inc. | $8.50 | $9.83 | 16% |