Category Archives: The IPO Buzz

May’s IPO market went out with a bang and touched off the conversation that the calendar is coming to life. Next up: June, July and August. Soon “the summer doldrums” are bound to be discussed in various precincts of the financial press. But here’s the good news: The facts do not support this myth about […]

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. […]

“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 […]

Do 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 […]

An 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 […]

The 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 […]

This week’s calendar is expected to print over $1 billion worth of IPOs. There are only three deals on the launching pad, but the buzz around Wall Street is all are inplay. That being said, let’s get to them. They are in the order of size: MGM Growth Properties LLC (MGP – proposed) plans to […]

Bats Global Markets (BATS – proposed), the fintech operator of an electronic stock exchange, plans to price its IPO this week. This isn’t the first time at bat for Bats. Back on the evening of Thursday, March 22, 2012, BATS Global Market (the old name featured all caps – now it’s Bats Global Markets) priced […]

The stock market closed Friday at a new high for 2016, but IPOs were nowhere in sight. Maybe the problem is the underperformance of the NASDAQ Composite Index. Even though the NASDAQ closed last week at 4,914.54, it was still DOWN 1.85 percent for the year. It closed at 5,007.41 on Dec. 31, 2015. In […]

This week, this month and the first quarter of 2016 close out with just one small-cap IPO of $20 million on the calendar. Due to the U.S. stock market’s recent correction, this year’s IPO traffic has all but dried up. No record lows in volume, but close to it. One can reach back to 1970 […]