The IPO Buzz: Loar & Rubrik Price IPOs Above Range
Up is the word of the night. Loar Holdings (LOAR) priced its IPO at $28.00 - $2.00 above the top of its range – on 11.0 million shares – the number in the prospectus – to raise $308.0 million on Wednesday night, April 24, 2024. The aviation parts manufacturer’s stock is expected to start trading on Thursday, April 25, on the New York Stock Exchange. Loar – at the $28 IPO price – has a ..
Read more April 24, 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% |