Eight IPOs are on this week’s calendar. They expect to raise over $1.9 billion. Yes, eight IPOs raising $1.9 billion! This is the biggest IPO calendar since October 2015 – and the best part about this week – a few deals are reportedly “in play.” Revisiting October 2015 First, let’s look back to last fall. […]
May 22, 2016 Read More“Sell in May and go away” is an old Wall Street proverb that was on target for this May’s first two weeks. By Friday’s closing bell, the three major U.S. stock market indexes were down for the month. Strangely, against those chilly spring winds, the IPO market showed signs of life last week. Three bright […]
May 15, 2016 Read MoreDo you want to know how an IPO will trade after it’s been priced? Look at the cover of its final prospectus. Compare the final pricing terms with those on the front page of the IPO’s last preliminary prospectus. For classic examples of how this works, look no further than the two IPOs priced last […]
May 8, 2016 Read MoreAn industry favorite from the past is returning to center stage this week to lead the IPO calendar. Yes, the bio-IPOs are back in town. The recent deals from the technology sector (SecureWorks – SCWX) and the world of gambling (Red Rock Resorts – RRR) did not work out. This week’s IPO calendar has four […]
May 1, 2016 Read MoreThe IPO traffic did a flip-flop from its traditional opening-day playbook last week. A REIT IPO popped at the opening while a tech IPO flopped. It usually happens the other way around. The reasons for this surprising scenario can be found in a couple of numbers – seven, long regarded by gamblers as a lucky […]
April 24, 2016 Read More