Equity market round up: The month in numbers
8,400 - 86 - 49 - 7 - 5
8,400 the amount in dollars that $1 invested in Philip Morris 50 years ago would be worth today. The tobacco conglomerate, now known as Altria, is the best-performing stock in the 50-year history of the S&P 500 index.
86 the number of companies admitted to the original S&P 500 index still included today.
49 the number of SEC-registered IPOs priced so far in 2007. The deals have raised $8.4 billion, 19% more than the amount raised by the 45 IPOs launched over the same period in 2006.
7 the average percentage one-day return of SEC-registered IPOs so far this year. The figure is three percentage points below last year’s.
5 the number of SEC-registered IPOs priced in 2007 that are still trading above their original offer price.