IPO Central

Get in-depth information about IPO filings, recent offering performance and the upcoming IPO calendar.

Money Left On The Table

Underwriters generally underprice IPOs so initial investors can enjoy a small "pop" when they sell the stock on the open market. Too much of a pop and one loses value, too little of a pop and one loses interest. This pop also is referred to as "money left on the table."

Money Left On The Table

Company Lead
Underwriter
Offer
Price
Pricing
Valuation
(mil.)
First
Trade
Price
First
Trade
Valuation
(mil.)
Money
on the
Table
(mil.)
A123 Systems, Inc. Morgan Stanley & Co. Incorporated $13.50 $380.4 $16.94 $477.4 $96.9
Emdeon Inc. Morgan Stanley & Co. Incorporated $15.50 $367.4 $17.75 $420.7 $53.3
Avago Technologies Limited Deutsche Bank Securities Inc. $15.00 $648.0 $16.20 $699.8 $51.8
Shanda Games Limited Goldman Sachs (Asia) L.L.C. $12.50 $1,043.8 $13.00 $1,085.5 $41.8
LogMeIn, Inc. J.P. Morgan Securities Inc. $16.00 $106.7 $20.00 $133.3 $26.7

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