5 Companies That Dared to Go Public

The late summertime lull -- when not a single company went public on a stateside exchange for five weeks -- is over.

A whopping five companies successfully completed their IPOs last week.

It wasn't perfect.

There were seven companies originally slated, but two of the debutantes didn't come out. Smith Electric Vehicles -- a maker of plug-in commercial trucks -- suspended its offering after failing to get enough investors at its desired price. Colorado-based biotech GlobeImmune bumped its deal to this week. It should price tonight and begin trading tomorrow.

Let's look at the companies that did begin trading last week.



Sept. 21, 2012


Capital Bank Financial (Nasdaq: CBF  ) $18.00 $18.14 1%
National Bank Holdings (NYSE: NBHC  ) $19.25 $19.65 2%
Spirit Realty (NYSE: SRC  ) $15.00 $15.22 2%
Susser Petroleum Partners (NYSE: SUSP  ) $20.50 $23.08 13%
Trulia (NYSE: TRLA  ) $17.00 $23.03 36%

Source: The Wall Street Journal.

Capital Bank and National Bank are both regional bankers that happen to be helmed by former Bank of America executives.

Spirit Realty Capital was originally set to price between $16 and $18, but the real estate investor had to settle for a $15 price tag.

Susser Petroleum is a master limited partnership specializing in transporting fuel to gas stations and convenience stores. It managed to post a double-digit percentage pop.

Trulia was last week's biggest winner among the newbies, even after pricing above the high end of its initial range. Encouraging signs out of the housing market helped draw investors to the fast-growing portal of residential real estate information.

The fun shouldn't stop as we kick into this final week of trading for the third quarter. Beyond GlobeImmune's debut, Santander Mexico's hefty $4 billion offering and online network security provider Qualys are among the handful of companies with IPOs in their sights this week.

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The Motley Fool owns shares of Bank of America. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.

Longtime Fool contributor Rick Munarriz calls them as he sees them. He does not own shares in any of the stocks in this story. Rick is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.

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