The IPO Buzz: Rubrik & Loar Price IPOs Above Range; Marex Near the Mid-Point
(Updates The IPO Buzz column, initially published Wednesday night, April 24, 2024, with more information on Thursday, April 25, the first day of trading) Up is a golden word on Wall Street. Rubrik (RBRK), the Microsoft-backed cybersecurity data company, and Loar Holdings (LOAR), an aviation parts manufacturer, priced their IPOs above the range last night – ahead of their debuts today – Thursd..
Read more April 25, 2024IPO Calendar
Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
---|---|---|---|---|---|---|
Loar Holdings, Inc. | LOAR | 11.0 | $ 308.0 mil | 4/25/2024 Priced | S/O | S/O |
Marex Group plc | MRX | 15.4 | $ 292.3 mil | 4/25/2024 Priced | S/O | S/O |
Rubrik Inc. | RBRK | 23.5 | $ 752.0 mil | 4/25/2024 Priced | S/O | S/O |
Last 100 IPOs - April 24, 2024
Number of IPOs priced : | 100 |
Number Up: | 32 |
Number Down: | 68 |
Number Unchanged: | 0 |
Percentage Change From Issue Price: | 4.46% |
Percentage Change for The Nasdaq Composite | 12.33% |
2024 IPO Scorecard - April 24, 2024
Number of IPOs priced (Excluding 6 units) : | 55 |
Number Up: | 21 |
Number Down: | 34 |
Number Unchanged: | 0 |
Total Return From Issue Price: | 10.56% |
The Nasdaq Composite Index YTD % Change | 4.57% |