Dallas Salazar
IPOs, contrarian, long/short equity, long-term horizon

Aspen Aerogels' IPO Should Be Treated As A Case Study For What To Avoid

Aspen Aerogels, Inc. (NYSE:ASPN) recently held an IPO on 6/13/2014 and sold 7,500,000 shares at $11.00/share, considerably lower than the targeted range of $14.00-$16.00. The company raised proceeds of $82.5 million. The shares last closed at $10.25 for an IPO to date performance of -6.8%, leaving the company with a m...

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