The IPO Buzz: Carpool Karaoke, Anyone?
No IPOs are on tap so far this week. But if you love "Carpool Karaoke," today is worth noting. Shares of The Singing Company, Inc. (MICS) started trading today (Tuesday, May 24, 2022) on the NASDAQ - opening at $2.80 and closing at $2.75, down 31.25 percent from the public offering price - making this a broken deal. The company, which makes the Carpool Karaoke microphone for the car and karaoke m..
Read more May 24, 2022IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Abri SPAC 2, Inc. | ASPPU | 10.0 | $ 100.0 mil | 5/31/2022 Tuesday | S/O | S/O |
| bioAffinity Technologies, Inc. | BIAF | 1.5 | $ 15.0 mil | 5/31/2022 Week of | S/O | S/O |
| Embrace Change Acquisition Corp. | EMCGU | 7.5 | $ 75.0 mil | 6/1/2022 Wednesday | S/O | S/O |
Last 100 IPOs - May 28, 2022
| Number of IPOs priced : | 100 |
| Number Up: | 18 |
| Number Down: | 82 |
| Number Unchanged: | 0 |
| Percentage Change From Issue Price: | -34.92% |
| Percentage Change for The Nasdaq Composite | -22.20% |
2022 IPO Scorecard - May 28, 2022
| Number of IPOs priced (Excluding 80 units) : | 41 |
| Number Up: | 9 |
| Number Down: | 32 |
| Number Unchanged: | 0 |
| Total Return From Issue Price: | -18.54% |
| The Nasdaq Composite Index YTD % Change | -24.96% |