The IPO Buzz: When Unicorns Fly
Pinterest (PINS) and Zoom Video Communications (ZM) - the two marquee deals on last week’s IPO Calendar - more than lived up to expectations. Pinterest popped for an opening-day gain of 28.4 percent, closing at $24.40, up from its IPO price of $19, and Zoom scored an opening-day gain of 72.2 percent, closing at $62, up from its IPO price of $36 – all on Thursday, April 18th. And that’s not a..
Read more April 21, 2019IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Act II Global Acquisition | ACTTU | 25.0 | $ 250.0 mil | 4/26/2019 Friday | S/O | S/O |
| Beyond Meat | BYND | 8.8 | $ 175.0 mil | 5/2/2019 Thursday | S/O | S/O |
| TransMedics Group | TMDX | 4.7 | $ 86.8 mil | 5/2/2019 Thursday | S/O | S/O |
Last 100 IPOs - April 21, 2019
| Number of IPOs priced : | 100 |
| Number Up: | 55 |
| Number Down: | 44 |
| Number Unchanged: | 1 |
| Percentage Change From Issue Price: | 20.41% |
| Percentage Change for The Nasdaq Composite | 0.83% |
2019 IPO Scorecard - April 21, 2019
| Number of IPOs priced (Excluding 19 units) : | 34 |
| Number Up: | 22 |
| Number Down: | 11 |
| Number Unchanged: | 1 |
| Total Return From Issue Price: | 24.14% |
| The Nasdaq Composite Index YTD % Change | 20.54% |