SolarWinds Price/Volume Alert: Quiet Period (SWI)

Posted in General 
June 29th, 2009

SolarWinds, Inc. (NYSE: SWI) is gapping up over 3% this morning as the recent IPO’s quiet period by analysts has ended.  The analyst initiations look positive on the surface.  We have shares up 3.6% at $15.70 on almost 60,000 shares.  The volume sounds light, but these post-IPO stocks can start to see large swings based on history.   Shares have traded in a range of $12.70 to $15.96 and shares closed at $15.15 on Friday.  Full coverage details can be seen here at 24/7 Wall Street.

Jon Ogg (9:35 AM EST)

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