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NEWS ALERT: IPOs hitting new lows today: WSP Holdings Limited, Agria Corporation, and more...

March 13, 2009
WH

The following new issues closed at a new low today:

CompanyTickerOffer DateUnderwriterIPO PriceCurrent PriceTotal Return
WSP Holdings LimitedWH12/5/07J.P. Morgan$8.50$2.50-70.6%
Agria CorporationGRO11/6/07Credit Suisse$16.50$0.96-94.2%
Pzena Investment MgmtPZN10/24/07Goldman Sachs$18.00$1.80-90.0%
Orbitz WorldwideOWW7/19/07Morgan Stanley$15.00$1.40-90.7%
Data DomainDDUP6/26/07Goldman Sachs$15.00$13.00-13.3%
Pinnacle Gas ResourcesPINN5/14/07Friedman Billings$9.00$0.16-98.2%