The IPO Buzz: Recommended Reading
You probably wouldn’t buy a car or make any other major purchase without doing some homework. The same rule applies to buying stock in an IPO. Reading the prospectus isn’t just fundamental. It could prevent heartburn or a hole in your bank account. Just three deals are on tap this week, and only two are IPOs. The third deal is a public offering by a European biotech company, whose stock alrea..
Read more October 13, 2019IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Karat Packaging | KRAT | 5.0 | $ 40.0 mil | 10/16/2019 Withdrawn | S/O | S/O |
| Galileo Acquisition | GLEO.U | 12.0 | $ 120.0 mil | 10/18/2019 Priced | S/O | S/O |
| HYLETE, Inc. | HYLT | 1.7 | $ 15.0 mil | 10/21/2019 Week of | S/O | S/O |
Last 100 IPOs - October 17, 2019
| Number of IPOs priced : | 100 |
| Number Up: | 53 |
| Number Down: | 45 |
| Number Unchanged: | 2 |
| Percentage Change From Issue Price: | 9.62% |
| Percentage Change for The Nasdaq Composite | 2.01% |
2019 IPO Scorecard - October 17, 2019
| Number of IPOs priced (Excluding 43 units) : | 123 |
| Number Up: | 62 |
| Number Down: | 61 |
| Number Unchanged: | 0 |
| Total Return From Issue Price: | 5.99% |
| The Nasdaq Composite Index YTD % Change | 23.38% |