The IPO Buzz: An IPO Bumper Crop
There are nine IPOs on this week’s calendar - and we have to reach back over a year for more action. The last time an IPO calendar saw this much traffic was in June 2015, but don’t expect to see a landslide closing out September 2016. That is not going to happen. Here is the explanation. Reaching back to the week of June 22, 2015, that calendar showed 16 IPOs and 13 were priced, according to..
Read more September 18, 2016IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Full Spectrum | FMAX | 1.9 | $ 15.0 mil | 9/23/2016 Postponed | S/O | S/O |
| Fulgent Genetics | FLGT | 4.6 | $ 59.8 mil | 9/28/2016 Wednesday | S/O | S/O |
| MedEquities Realty Trust | MRT | 19.9 | $ 259.0 mil | 9/29/2016 Thursday | S/O | S/O |
Last 100 IPOs - September 24, 2016
| Number of IPOs priced : | 100 |
| Number Up: | 74 |
| Number Down: | 26 |
| Number Unchanged: | 0 |
| Percentage Change From Issue Price: | 34.95% |
| Percentage Change for The Nasdaq Composite | 3.23% |
2016 IPO Scorecard - September 24, 2016
| Number of IPOs priced (Excluding 10 units) : | 60 |
| Number Up: | 51 |
| Number Down: | 9 |
| Number Unchanged: | 0 |
| Total Return From Issue Price: | 44.75% |
| The Nasdaq Composite Index YTD % Change | 5.96% |