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IPOs Superior Well, Zumiez Seek 1st Base.(B)(NASDAQ STOCKS IN THE NEWS)
Byline: Jonah Keri
Superior Well Services is one of several oil and gas stocks to parlay a hot energy market into a successful IPO in the last few months. The stock went public at $13 a share on July 29. It quickly vaulted to a high of 25.43, then pulled back. Superior has climbed back to within 10% of its high. You'll want to see the stock form a proper base and break out in brisk volume before taking the plunge though, especially with new issues more subject to volatility than veteran stocks.
The provider of pumping services for oil and gas fields has tapped into one of the hottest segments of the energy sector: The Oil & Gas-Field ...
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