DreamWorks Successful IPO
DreamWorks Animation, stock symbol DWA, is having a very successful IPO as we speak. They raised $700 million and garnered an impressive market cap of $4.13 Billion. IPO price was $28 and it is up $11 to $39.05 as of Friday's closing bell. A good investment? Absolutely! Considering they have a franchise with "Shrek" and are making more great animation features in the future to come, this is a growth story as long as the moviegoers' appetite for CGI enhanced movies doesn't go dry. Would I invest? Yup, I'm in at $41.
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