Update on This Week's Varied IPO Results

 |  Includes: ADUS, VSI
by: Renaissance Capital IPO Research
Vitamin Shoppe (NYSE:VSI), a leading retailer of health and wellness products, completed its much anticipated IPO this week, raising $155 million by offering 9.1 million shares at $17 each, above the expected $14.00 to $16.00 range. The NYSE stock was up 5.6% on its first day of trading on Wednesday and has since remained positive with its current price at $17.57.
Addus Home Care (NASDAQ:ADUS), in comparison, was down 15% on its first day of trading, although it has since climbed 8% to its current price of $9.15. The company, which provides home-based personal care, skilled nursing, and rehabilitative therapies, raised $54 million by offering 5.4 million shares on the NASDAQ at $10.00, below its proposed $11.00 to $13.00 range.
AEI (NYSE:AEI), an international company that owns, operates, and develops energy infrastructure, was also scheduled to go public this week but postponed the IPO yesterday after slashing the deal size by 65% earlier in the day.