SolarWinds Price/Volume Alert: Quiet Period (SWI)
Posted in GeneralJune 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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