#brovesting - for bros - by bros

Posts tagged Autohome

#IPO of the Week – Autohome Inc – $ATHM

There were 11 IPOs that went out this past week.┬áHere’s a look at some of the IPOs that went up this week.

Company Name Symbol Market Price Date Priced
CHENIERE ENERGY PARTNERS LP HOLDINGS, LLC CQH American Stock Exchange $20 12/13/2013
NIMBLE STORAGE INC NMBL New York Stock Exchange $21 12/13/2013
FIDELITY & GUARANTY LIFE FGL New York Stock Exchange $17 12/13/2013
HILTON WORLDWIDE HOLDINGS INC. HLT New York Stock Exchange $20 12/12/2013
KINDRED BIOSCIENCES, INC. KIN Nasdaq SmallCap Market $7 12/12/2013
SCORPIO BULKERS INC. SALT New York Stock Exchange $9.75 12/12/2013
TETRALOGIC PHARMACEUTICALS CORP TLOG Nasdaq National Market $7 12/12/2013
CATCHMARK TIMBER TRUST, INC. CTT New York Stock Exchange $13.50 12/12/2013
ARAMARK HOLDINGS CORP ARMK New York Stock Exchange $20 12/12/2013
AUTOHOME INC. ATHM New York Stock Exchange $17 12/11/2013
VALERO ENERGY PARTNERS LP VLP New York Stock Exchange $23 12/11/2013

(Data courtesy of Nasdaq.com)

The best performing IPO from IPO price to first day close was Autohome Inc (ATHM) who was up 76.88% by the close of that day, with an intraday high of $31.44. Autohome is a leading online destination for automobile consumers in China. They run two websites, autohome.com.cn and che168.com, where they deliver comprehensive independent and interactive content to automobile buyers and owners.

Those of you unfamiliar with an IPO, it stands for “Initial Public Offering”. This is the first point in time when the public is able to purchase an equity stake in the company. There are also secondary offerings, which are utilized when an already public company is looking to raise some cash to be used.

Categories

Archives