We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
THC Farmaceuticals Inc (PK) | USOTC:CBDG | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.043 | 0.017 | 0.0493 | 0.00 | 14:30:29 |
By Matt Jarzemsky
Housing materials maker Associated Materials Group Inc. shelved its plans for an initial public offering Tuesday, following a selloff in shares of some peers this year.
"A determination has been made not to proceed with the initial public offering," Associated Materials said in a filing Tuesday, but the Cuyahoga Falls, Ohio-based company didn't say why it was pulling the deal. A spokeswoman for the company couldn't immediately be reached.
The withdrawal also comes as the IPO market has shown some signs it is cooling. A number of deals were delayed last week as stocks retreated, while many newly public companies' shares have decline sharply from their recent months' highs.
Building materials makers haven't escaped the selling. Shares of Ply Gem Holdings Inc., which saw its May 2013 debut raise $381 million, are down 31% year-to-date. Boise Cascade Co., which went public in February 2013, has tumbled 11% so far in 2014.
However, a dozen U.S.-listed IPOs are scheduled to price this week, which would mark the highest such tally since the week ended Feb. 7.
Associated Materials had planned to use its IPO to repay debt and for general purposes.
The company had hired Goldman Sachs Group Inc. to lead the offering with Barclays PLC and UBS AG.
Write to Matt Jarzemsky at matthew.jarzemsky@wsj.com
Access Investor Kit for UBS AG
Visit http://www.companyspotlight.com/partner?cp_code=A591&isin=CH0024899483
Access Investor Kit for Barclays Plc
Visit http://www.companyspotlight.com/partner?cp_code=A591&isin=GB0031348658
Access Investor Kit for Barclays Plc
Visit http://www.companyspotlight.com/partner?cp_code=A591&isin=US06738E2046
Access Investor Kit for The Goldman Sachs Group, Inc.
Visit http://www.companyspotlight.com/partner?cp_code=A591&isin=US38141G1040
Access Investor Kit for NetSuite, Inc.
Visit http://www.companyspotlight.com/partner?cp_code=A591&isin=US64118Q1076
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year THC Farmaceuticals (PK) Chart |
1 Month THC Farmaceuticals (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions