Recent IPOs Sector Review: Winning and Losing Stocks on Dec 9th

Wall St. Watchdog reveals information about today’s action in recent initial public offerings.

Gainers (% price change)

  • Endocyte (NASDAQ:ECYT): The shares closed at $11.00, up $1.22, or 12.47% on the day. The stock is $5 or 83.33% higher than IPO price of $6.00. About the company: Endocyte Inc. is a biopharmaceutical company developing targeted therapies for the treatment of cancer and inflammatory diseases. The Company uses a proprietary technology to create small molecule drug conjugates, or SMDCs, and companion imaging diagnostics that actively target receptors that are over-expressed on diseased cells, relative to healthy cells. Get the most recent company news and stock data here >>
  • Sky-mobi Limited (NASDAQ:MOBI): The shares closed at $4.07, up $0.36, or 9.7% on the day. The stock is $3.93 or 49.13% lower than IPO price of $8.00. About the company: Sky-Mobi Ltd. retails applications for mobile devices. The Company’s stores sell games, music and books for mobile handsets. Sky-Mobi also operates a mobile social network, and contracts to pre-install some of its applications on mobile handsets before they are shipped. Get the most recent company news and stock data here >>
  • Tangoe (NASDAQ:TNGO): The shares closed at $13.57, up $1.08, or 8.65% on the day. The stock is $3.57 or 35.7% higher than IPO price of $10.00. About the company: Tangoe, Inc. develops and markets computer software. The Company markets software to help companies manage and control their fixed and mobile communications assets and costs. The software helps companies track sourcing, asset procurement, services provisioning, invoice processing, expense allocation, bill payment, policy enforcement, usage management, and inventory. Get the most recent company news and stock data here >>
  • C&J Energy Services (NYSE:CJES): The shares closed at $22.82, up $1.61, or 7.59% on the day. The stock is $6.18 or 21.31% lower than IPO price of $29.00. About the company: C&J Energy Services Inc. provides oil and gas exploration and production services. The Company focuses on extraction, transmission, drilling, developing, and exploration of natural gas in Texas, Louisiana, and Oklahoma. Get the most recent company news and stock data here >>
  • FXCM (NYSE:FXCM): The shares closed at $10.74, up $0.75, or 7.51% on the day. The stock is $3.26 or 23.29% lower than IPO price of $14.00. About the company: FXCM, Inc. offers foreign exchange trading services over the Internet. The Company allows customers to trade currency pairs on the over-the-counter foreign exchange markets. FXCM earns fees by adding a markup to the price of each trade. Get the most recent company news and stock data here >>

Losers (% price change)

  • Kips Bay Medical (NASDAQ:KIPS): The shares closed at $1.66, down $0.12, or 6.74% on the day. The stock is $6.34 or 79.25% lower than IPO price of $8.00. About the company: Kips Bay Medical, Inc. manufactures medical devices. The Company produces a nitinol mesh sleeve that, when placed over a saphenous vein graft during coronary bypass graft surgery, provides support to the vein graft. Get the most recent company news and stock data here >>
  • E-Commerce China Dangdang (NYSE:DANG): The shares closed at $5.20, down $0.37, or 6.64% on the day. The stock is $10.8 or 67.5% lower than IPO price of $16.00. About the company: E-Commerce China Dangdang, Inc. is a business-to-consumer Internet retailer. The Company sells books and other media, beauty and personal care, home and lifestyle, baby, children and maternity products, and various apparel including jackets, shoes, and men’s and women’s apparel. Get the most recent company news and stock data here >>
  • China Zenix Auto International (NYSE:ZX): The shares closed at $3.66, down $0.26, or 6.63% on the day. The stock is $2.34 or 39% lower than IPO price of $6.00. About the company: China Zenix Auto International Ltd. manufactures commercial vehicle wheels for both the original equipment market and aftermarket in the Peoples Republic of China. The Company offers a wide range of tubed steel wheels, tubeless steel wheels and off-road steel wheels. Get the most recent company news and stock data here >>
  • Mission NewEnergy Limited (NASDAQ:MNEL): The shares closed at $2.86, down $0.18, or 5.92% on the day. The stock is $6.14 or 68.22% lower than IPO price of $9.00. About the company: Mission NewEnergy Limited produces biodiesel from the Jatropha Curcas plant, or Jatropha. The Company’s operation integrates sustainable biodiesel feedstock cultivation, biodiesel production and wholesale biodiesel distribution. Get the most recent company news and stock data here >>
  • Pandora Media (NYSE:P): The shares closed at $9.90, down $0.53, or 5.08% on the day. The stock is $6.1 or 38.13% lower than IPO price of $16.00. About the company: Pandora Media Inc. provides radio services through the internet. The Company offers radio stations available to stream on computers and mobile phones. Pandora’s services allow users to search on their favorite artists, genres, and songs while Pandora selects “stations” that match or are similar to their search. Get the most recent company news and stock data here >>

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