The IPO Buzz: The Fed Stops Traffic
The Fed is in focus this week. One SPAC was priced Monday night (Sept. 19, 2022) to trade today. Wall Street’s attention, though, is on the Federal Reserve and its fight to curb inflation. The FOMC’s two-day meeting began today (Tuesday, Sept. 20, 2022). Most Wall Street pros expect the Fed to raise the key interest rate by 75 basis points this week. The Fed’s announcement is expected tomorr..
Read more September 20, 2022IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Wuxin Technology Holdings, Inc. | WXT | 6.0 | $ 33.0 mil | 9/23/2022 Postponed | S/O | S/O |
| Alopexx, Inc. | ALPX | 3.0 | $ 15.0 mil | 9/26/2022 Day-to-Day | S/O | S/O |
| Intensity Therapeutics, Inc. | INTS | 2.2 | $ 10.0 mil | 9/26/2022 Week of | S/O | S/O |
Last 100 IPOs - September 26, 2022
| Number of IPOs priced : | 100 |
| Number Up: | 20 |
| Number Down: | 79 |
| Number Unchanged: | 1 |
| Percentage Change From Issue Price: | -21.11% |
| Percentage Change for The Nasdaq Composite | -30.80% |
2022 IPO Scorecard - September 26, 2022
| Number of IPOs priced (Excluding 103 units) : | 74 |
| Number Up: | 17 |
| Number Down: | 56 |
| Number Unchanged: | 1 |
| Total Return From Issue Price: | 1.34% |
| The Nasdaq Composite Index YTD % Change | -30.53% |