|Day Low/High||5.27 / 5.46|
|52 Wk Low/High||4.86 / 6.67|
The Mexico-based bank's charts indicate a potentially powerful rally.
Quietly, the IPO market is back. The number of deals peaked at 214 in 2007, plunging to only 31 in 2008, but climbed back to 128 in 2012. Those deals raised $42.6 billion, a touch below the $49 billion raised in 2007. Forty-four were private-equity-...
Santander Mexico launched its public stock successfully despite the latest riots in Spain. CEO Marcos Martinez expects positive results.
Santander Mexico may be a strong IPO, but the bank is still tied to its Spanish parent Banco Santander.