BBCQU’s (NASDAQ:BBCQU) Quiet Period Set To Expire on February 17th

BBCQU’s (NASDAQ:BBCQU) quiet period will expire on Tuesday, February 17th. BBCQU had issued 25,000,000 shares in its initial public offering on January 8th. The total size of the offering was $250,000,000 based on an initial share price of $10.00. During the company’s quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised BBCQU to a “hold” rating in a research note on Saturday, January 17th.

BBCQU Stock Performance

BBCQU opened at $10.14 on Tuesday. BBCQU has a 52 week low of $10.02 and a 52 week high of $10.19.