The aforementioned LinkedIn is also a star so far. Based on Wednesday's closing price of $77.45, the stock is up 72% since pricing its $353 million offering at $45 per share. The business-oriented social networking company originally expected to come to market in the $34 range, so the underwriters did boost the price in the face of heavy institutional demand, but it seems they still left a hefty amount of money on the table.
IPO Scorecard: 2011's Hits & Misses
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.