Sector Review: Action in Recent IPOs on Dec 8th

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

Gainers (% price change)

  • E-Commerce China Dangdang (NYSE:DANG): The shares closed at $5.57, up $0.92, or 19.78% on the day. The stock is $10.43 or 65.19% 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 >>
  • Zuoan Fashion Limited (NYSE:ZA): The shares closed at $4.49, up $0.43, or 10.59% on the day. The stock is $2.51 or 35.86% 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 >>
  • Ossen Innovation Co. Ltd. (NASDAQ:OSN): The shares closed at $0.90, up $0.05, or 5.88% on the day. The stock is $3.6 or 80% lower than IPO price of $4.50. About the company: Ossen Innovation Co Ltd designs, engineers, manufactures, sells and exports steel materials. The Company’s products are used in the construction of railways, highways, bridges, and buildings. Get the most recent company news and stock data here >>
  • Groupon (NASDAQ:GRPN): The shares closed at $22.27, up $1.12, or 5.3% on the day. The stock is $2.27 or 11.35% higher than IPO price of $20.00. About the company: Groupon, Inc. operates a shopping website that shares information on local goods, services, and cultural events for businesses and consumers across the World. The Company provides information on attractions to see, do, eat and shop. Get the most recent company news and stock data here >>
  • Mission NewEnergy Limited (NASDAQ:MNEL): The shares closed at $3.04, up $0.11, or 3.75% on the day. The stock is $5.96 or 66.22% 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 >>

Losers (% price change)

  • Solazyme (NASDAQ:SZYM): The shares closed at $11.47, down $1.19, or 9.4% on the day. The stock is $6.53 or 36.28% lower than IPO price of $18.00. About the company: Solazyme Inc. develops renewable oil and bio-products. The Company uses algal biotechnology to produce clean fuels, chemicals, foods, and health science products. Solazyme provides their products and services to global market segments including renewable fuels and chemicals, nutritionals, and cosmetics. Get the most recent company news and stock data here >>
  • BG Medicine (NASDAQ:BGMD): The shares closed at $3.64, down $0.32, or 8.08% on the day. The stock is $3.36 or 48% lower than IPO price of $7.00. About the company: BG Medicine, Inc. develops and markets diagnostic tests. The Company develops biomarkers that predict a patient’s response to a drug therapy, determine the potential toxicity of therapeutic agents to patients, identify patients who have or are likely to develop a specific disease, predict a patient’s prognosis once a disease has been diagnosed, and monitor a patient’s disease progression. Get the most recent company news and stock data here >>
  • KiOR (NASDAQ:KIOR): The shares closed at $12.18, down $1.03, or 7.8% on the day. The stock is $2.82 or 18.8% lower than IPO price of $15.00. About the company: KiOR, Inc. intends to produce renewable fuels. The Company developed a technology that converts non-food biomass into hydrocarbon-based oil. The renewable crude oil can be refined, using standard refinery equipment, into gasoline and diesel fuels. Get the most recent company news and stock data here >>
  • Phoenix New Media Limited (NYSE:FENG): The shares closed at $6.12, down $0.45, or 6.85% on the day. The stock is $4.88 or 44.36% lower than IPO price of $11.00. About the company: Phoenix New Media Ltd. is a new media company the provides premium content on an integrated platform across Internet, mobile and TV channels in China. The Company enables consumers to access professional news and other information and share user-generated content on the Internet and through their mobile devices. Get the most recent company news and stock data here >>
  • Trunkbow International (NASDAQ:TBOW): The shares closed at $1.93, down $0.14, or 6.76% on the day. The stock is $3.07 or 61.4% lower than IPO price of $5.00. About the company: Trunkbow International Holdings Ltd. is a mobile communications application enabler. The Company offers telecommunications services providers in China platforms from which to offer their customers mobile applications, tools, and value-added services. Get the most recent company news and stock data here >>

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