IPO Central
Get in-depth information about IPO filings, recent offering performance and the upcoming IPO calendar.
Money Left On The Table
Underwriters generally underprice IPOs so initial investors can enjoy a small "pop" when they sell the stock on the open market. Too much of a pop and one loses value, too little of a pop and one loses interest. This pop also is referred to as "money left on the table."
Money Left On The Table
| Company | Lead Underwriter |
Offer Price |
Pricing Valuation (mil.) |
First Trade Price |
First Trade Valuation (mil.) |
Money on the Table (mil.) |
|---|---|---|---|---|---|---|
| Energy Recovery, Inc. | Citigroup Global Markets Inc. | $8.50 | $119.0 | $11.00 | $154.0 | $35.0 |
| GT Solar International, Inc. | Credit Suisse Securities (USA) LLC | $16.50 | $499.9 | $16.50 | $499.9 | Dollar0.0 |
| China Mass Media International Advertising Corp. | Merrill Lynch, Pierce, Fenner & Smith Incorporated | $6.80 | $49.0 | $6.80 | $49.0 | Dollar0.0 |
| China Distance Education Holdings Limited | Citigroup Global Markets Inc. | $7.00 | $61.3 | $6.50 | $56.9 | ($4.4) |
| Rackspace Hosting, Inc. | Goldman, Sachs & Co. | $12.50 | $187.5 | $10.00 | $150.0 | ($37.5) |