Sector Review: Action in Recent IPOs on Dec 16th

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

Gainers (% price change)

  • Imperial Holdings (NYSE:IFT): The shares closed at $1.85, up $0.24, or 14.91% on the day. The stock is $8.9 or 82.79% lower than IPO price of $10.75. About the company: Imperial Holdings, Inc. is a specialty finance company with a focus on providing financing for individual life insurance policies and purchasing structured settlements. The Company earns revenue from interest charged on loans, loan origination fees and fees from referring agents. Get the most recent company news and stock data here >>
  • Fortegra Financial Corp. (NYSE:FRF): The shares closed at $6.38, up $0.71, or 12.52% on the day. The stock is $4.62 or 42% lower than IPO price of $11.00. About the company: Fortegra Financial Corp. offers insurance products and services to insurance companies, agents and brokers. The Company offers credit insurance, debt protection, warranty, service contract and car club solutions, business process outsourcing services for insurance companies and commercial lenders, and wholesale brokers specialty property/casualty and surplus lines insurance. Get the most recent company news and stock data here >>
  • Zipcar (NASDAQ:ZIP): The shares closed at $14.31, up $1.5, or 11.71% on the day. The stock is $3.69 or 20.5% lower than IPO price of $18.00. About the company: Zipcar, Inc. offers car sharing services. The Company provides self-service vehicles in reserved parking spaces convenient to where their members live and work. Members can reserve cars by the hour or day for rates that include fuel, insurance and other costs. Zipcar operates in certain metropolitan areas and college campuses in the United States, the United Kingdom and Canada. Get the most recent company news and stock data here >>
  • 21Vianet Group (NASDAQ:VNET): The shares closed at $9.58, up $0.85, or 9.74% on the day. The stock is $5.42 or 36.13% lower than IPO price of $15.00. About the company: 21Vianet Group Inc. is a carrier-neutral Internet data center services provider in China. The Company host its customers’ servers and networking equipment and provides interconnectivity as well as provides managed network services to enable customers to deliver data across the Internet. Get the most recent company news and stock data here >>
  • Velti (NASDAQ:VELT): The shares closed at $6.83, up $0.59, or 9.46% on the day. The stock is $5.17 or 43.08% lower than IPO price of $12.00. About the company: Velti PLC. is a global provider of mobile marketing and advertising solutions that enable brands, advertising agencies, mobile operators, and media companies to implement campaigns by communicating with and engaging consumers via their mobile devices. Get the most recent company news and stock data here >>

Losers (% price change)

  • Mission NewEnergy Limited (NASDAQ:MNEL): The shares closed at $2.01, down $0.39, or 16.25% on the day. The stock is $6.99 or 77.67% 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 >>
  • Sequans Communications (NYSE:SQNS): The shares closed at $2.28, down $0.21, or 8.43% on the day. The stock is $7.72 or 77.2% lower than IPO price of $10.00. About the company: Sequans Communications SA is a fabless designer, developer and supplier of 4G semiconductor solutions for wireless broadband applications. The Company’s solutions incorporate baseband processor and radio frequency, or RF, transceiver integrated circuits, or ICs, along with its proprietary signal processing techniques, algorithms and software stacks. Get the most recent company news and stock data here >>
  • CTPartners Executive Search (NYSEAMEX:CTP): The shares closed at $4.88, down $0.42, or 7.92% on the day. The stock is $8.12 or 62.46% lower than IPO price of $13.00. About the company: CTPartners Executive Search Inc. provides retained executive search services to clients on a global basis. The Company provide these services through offices in the Americas, Europe and Asia Pacific, as well as through a licensing arrangement that covers offices in Latin America. Get the most recent company news and stock data here >>
  • Apollo Global Management (NASDAQ:APO): The shares closed at $11.76, down $0.81, or 6.44% on the day. The stock is $7.24 or 38.11% lower than IPO price of $19.00. About the company: Apollo Global Management LLC provides global alternative asset manager services. The Company specializes in private equity, credit-oriented capital markets, and real estate funds invested across a core group of industries where Apollo has knowledge and resources. Apollo Global Management provides services throughout the world. Get the most recent company news and stock data here >>
  • Zuoan Fashion Limited (NYSE:ZA): The shares closed at $4.09, down $0.25, or 5.76% on the day. The stock is $2.91 or 41.57% lower than IPO price of $7.00. About the company: Zuoan Fashion Ltd. designs, manufactures and markets casual mens clothing. The Company markets its clothing through its own retail stores, and through other retailers throughout China. Get the most recent company news and stock data here >>

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>