The IPO market just got a reality check. The outlook is much more cautious after Monday’s hedge fund bombshell and last week’s dismay over some hot IPOs, notably DigitalOcean (DOCN), sailing into rocky waters and opening lower. On Friday, the market regained some equilibrium, with two biotech IPOs scoring moonshots on their first day of […]
March 29, 2021 Read MoreDigitalOcean is the IPO cruise that everyone wants to take this week. The cloud company, which caters to small and medium-sized businesses, is leading an IPO Calendar with 18 names – 15 IPOs in the $100 million-and-up category – and three small-cap offerings. Bankers expect to raise about $5.8 billion, based on mid-point pricing for […]
March 23, 2021 Read MoreCoupang (CPNG proposed) raised its price range early today to $32 to $34 – up from $27 to $30 initially – amid reports of huge demand for this $4 billion IPO by “the Amazon of South Korea.” About the same time, the phones at IPOScoop started ringing wildly as investors sought more information on video […]
March 9, 2021 Read MoreOscar Health (OSCR proposed) increased its IPO’s size at pricing – 37 million shares at $39 each – $1 above its upwardly revised range – on Tuesday night. Oscar took a beating – opening at $36 and closing at $34.80 – in its debut on Wednesday on the New York Stock Exchange. For the record, […]
March 2, 2021 Read MoreOscar is on the IPO market’s mind today, but we’re not talking about the golden boy on the red carpet. Oscar Health (OSCR proposed), the health insurance platform co-founded by Joshua Kushner and Mario Schlosser, filed terms early Monday morning for its IPO of 31 million shares at $32 to $34 each – with estimated […]
February 22, 2021 Read MoreBumble (BMBL proposed) is getting ready for her first big date with the Street – and it looks like one hot pre-Valentine’s Day match. The mobile dating app, which gives the woman the power to make the first move in a match with a man, priced its IPO tonight at $43 a share on 50 […]
February 10, 2021 Read MoreFebruary began with a gold rush of healthcare companies landing on the IPO Calendar early today – an astonishing run after a record January. The pace was so fast and furious that it turned heads on Wall Street. A total of 22 deals – 15 IPOs and seven SPACs – are on tap so far […]
February 1, 2021 Read MoreSoftware and solar tech companies are in play this week. Qualtrics International (XM proposed), an experience management software provider owned by SAP, and Shoals Technologies Group (SHLS proposed), an Oaktree Capital-backed maker of components for ground-mounted solar energy projects, are the ones to watch. The IPO pros are circling these two deals as the best […]
January 25, 2021 Read MoreMYT Netherlands Parent B.V. (MYTE proposed) – the parent of Mytheresa.com, the German luxury fashion online retailer – leads a $2.3 billion IPO Calendar in a holiday-shortened week that includes the U.S. presidential inauguration. On Monday, the U.S. stock markets were closed for Martin Luther King Jr. Day, the federal holiday that honors the slain […]
January 19, 2021 Read MoreAffirm Holdings, Poshmark, Inc. and Playtika Holding are among the names to note on this week’s IPO Calendar. Bankers expect to raise about $5.2 billion from 12 deals. Eight IPOs and four SPAC offerings are on tap so far. Millennials and Gen Z consumers, who were born in the years 1981-2012, are the target audience for […]
January 11, 2021 Read More