Print
Email
Print Edition Stories
MHT's Jackie Noblett: Lessons from the 2007 IPOs
MHT's Galen Moore: MBTA expands bus tracking feeds
In their first day trading on public markets, shares in Sensata Technologies Inc. (NYSE: ST) made a modest gain.
The Attleboro maker of sensor and control products priced its initial public offering at $18.08, the low end of a range published March 1. The company’s share price closed at $18.50 on Thursday, after peaking at $19 on a day when the Dow Jones Industrial Average and the Nasdaq were both up 0.4 percent.
Morgan Stanley, Barclays Capital, Goldman Sachs & Co., BofA Merrill Lynch, J.P. Morgan, Citigroup, Credit Suisse, BMO Capital Markets, Oppenheimer & Co. and RBC Capital Markets were among the IPO’s underwriters.
Sensata’s Dutch parent company, Sensata Technologies Holding BV, was launched when Bain Capital Partners bought Sensata from Texas Instruments in 2006.
Sensata reported $1.4 billion in revenue in 2008.
Comments
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.
RSS Feeds
