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Latest 2009 IPOs Fight To Turn Positive

  • On 11:44 am EDT, Tuesday September 29, 2009

The IPO market is picking up steam, adding seven new stocks last week.

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{"s" : "aone,ari,art,clny,cyou,dgw,game,sem,sohu,vitc","k" : "c10,l10,p20,t10","o" : "","j" : ""}

Last week, investors welcomed seven new companies to the public exchanges, and so far the reception hasn't been as gracious as it was for prior 2009 IPOs. However, if the trend of big gains for new U.S. listings is any indication, these new stocks could be set to rally.

As a whole, the 2009 IPOs Index is slipping fractionally with the market today, but four of the newest components are helping the average with gains.

Online discount vitamin retailer Vitacost.com (NASDAQ: VITC - News) is slipping fractionally while asset management firm Artio Global Investors (NYSE: ART - News), battery technology developer A123 Systems (NADSAQ: AONE), and online gaming spinoff Shanda Games (NASDAQ: GAME - News) are all trading higher in today's session after going public last week.

Specialty hospital and outpatient rehab clinic operator Select Medical (NYSE: SEM - News) and A123 are the only two of companies to stay positive since their debut.

Real estate investment firms Colony Financial (NYSE: CLNY - News) and Apollo Commercial (NYSE: ARI - News) both cut the size of their respective IPOs in half at the last minute, Colony from 25 million to 12.5 million shares and Apollo from 20 million to 10 million, according to Fox Business. So far the stocks have dropped by -2.5% and -7.5% respectively.

The year's top performing IPO is online gaming company Changyou.com (NASDAQ: CYOU - News), which spun off of its Beijing-based parent Sohu.com (NASDAQ: SOHU - News) in April. Shares are now up by more than 135% since debuting at $16. Chinese water treatment equipment company Duoyuan Global Water (NYSE: DGW - News) is the only other 2009 IPO to double, up 103% since its June 23 public offering.

Investors can track the performance of these stocks and the rest of the 2009 IPOs with the 2009 IPOs Index, or among other stocks within their particular industries in one of tickerspy's more than 250 sector-based Indexes

Fun and informative, tickerspy.com is a free investing website where you can track multiple stock portfolios and compare against 250 proprietary Indexes tracking themes from nanotech to agriculture to precious metals. Best of all, tickerspy.com lets you spy on the portfolios of nearly 3,000 Wall Street institutions and hedge funds and see graphs of their performance. Try tickerspy.com today and find out how you stack up against investing legends like Warren Buffett!

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