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Then, the average new offering ended the year an amazing 199 percent above its offering price and 79 percent above its first-day close.
At some companies, share prices had already fallen sharply by the time the lockup period after the initial public offering ended, allowing insiders to sell.
After gaining an average 55% on the first day of trading, the typical new offering ended the year 25% below its original price, according to Securities Data.
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The offering ends an event-filled few weeks that tarnished the company's reputation as a technology golden boy that could do no wrong; at the same time, it has left the company facing possible legal action.
Still, the sharp rise in China State Construction echoed the frenzied demand that has greeted a number of other new listings in China since a 10-month moratorium on initial public offerings ended last month.
In a first for Fox, Reilly's prime-time offerings ended the fall season as the top-rated lineup among the advertiser-prized 18- to 49-year-old demographic.
The Monterey County Free Library system in Monterey, Calif., has reclaimed more than 1,000 books since offering end-of-the-year amnesty to patrons in November and December.
Mr. Britt told investors last week that although "TV Essentials" generated "lots of interest, the vast majority of customers who call about the offering end up taking a more robust video package".
Essentially it's offering end-to-end travel management for its target business users.
And just this month, Facebook began offering end-to-end encryption "secret messaging" for transmissions requiring extra security.
When it comes to team messaging, services offering end-to-end encryption are certainly a relative rarity.
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CEO of Professional Science Editing for Scientists @ prosciediting.com