9 Companies That Dared to Go Public Last Weekhttp://www.fool.com/investing/general/2012/10/16/9-companies-that-dared-to-go-public-last-week.aspx Rick Aristotle Munarriz
October 16, 2012
In one of the busiest weeks of IPOs, a whopping nine companies went public last week.
Workday (NYSE: WDAY ) was the biggest winner. It had all of the ingredients investors like to see when bidding up a debutante. It's growing quickly. It toils away in the buzzword-happy realm of cloud-based enterprise software. It has seasoned leaders, as the company was birthed by top executives from PeopleSoft.
Realogy (NYSE: RLGY ) was the biggest deal in terms of shares offered. The real-estate services giant behind Coldwell Banker, CENTURY 21, ERA, and other property brokerages sold more than $1 billion worth of stock after pricing 40 million shares at $27 apiece.
Basmati rice seller Amira Nature Foods (NYSE: ANFI ) has the distinction of being the only company to drop below its IPO price. The provider of packaged Indian specialty rice stumbled, even after pricing its offering well below its original range. Growth is there, but some observers are concerned about the company's ownership structure.
Let's check out the newbies.