2 posts and columns on GT Solar

Allegro Microsystems Pulls IPO; Who Can Blame It?

in News on August 11, 2008 at 6:17 pm PT

The great tech IPO drought continues. In the latest sign that the market is really not that interested in tech industry IPOs, chipmaker Allegro Microsystems today filed with the SEC to withdraw its planned initial offering, citing “current market conditions.” Which might have been a nice way of saying no one was all that interested.

GT Solar Picks Wrong Day to Go Public

in News on July 24, 2008 at 1:45 pm PT

Not a good debut today for GT Solar, a Merrimack, N.H., company that makes equipment used to manufacture solar wafers, modules and systems. The company went public today at $16.50 a share, selling 30.3 shares, for total proceeds of about $500 million.