Please ensure Javascript is enabled for purposes of website accessibility

5 Companies That Dared to Go Public

By Rick Munarriz – Updated Apr 7, 2017 at 12:46PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

After several weeks, the new blood is here.

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.

Company

IPO

Sept. 21, 2012

Gain

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.

Shiny and new
If you're into new things, there's a new report detailing three stocks that will profit from a new industrial revolution. Did I mention that it was a free report? Check it out now.

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.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

National Bank Holdings Corporation Stock Quote
National Bank Holdings Corporation
NBHC
$38.10 (-0.26%) $0.10
Spirit Realty Capital, Inc. Stock Quote
Spirit Realty Capital, Inc.
SRC
$37.43 (-2.37%) $0.91

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
329%
 
S&P 500 Returns
106%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 09/26/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.