Fun with IPO Data
Been playing with this year's IPO data a little. The returns are all calculated from the offer price.
- Best day of week for total returns: Friday (14%)
- Best day of week for first-day pop: Thursday & Friday (11%)
- Worst day of week for first-day pop: Tuesday (5%)
- Only day of week with no IPOs: Monday
- Biggest total return: FCStone Group -- FCSX (150%)
- Biggest first-day pop: Fortress Investment -- FIG (67.6%)
- Worst first-day pop: RSC Holdings -- RRR (-13.6%)
- Worst total return: XTENT -- XTNT (-44.6%)
