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 |
|---|---|---|---|---|---|---|
| CleanCore Technologies, Inc. | ZONE | 1.3 | $ 5.0 mil | 4/26/2024 Friday | S/O | S/O |
| ALE Group Holding Limited | ALEH | 1.3 | $ 6.3 mil | 4/29/2024 Week of | S/O | S/O |
| Key Mining Corp. | KMCM | 4.4 | $ 10.0 mil | 4/29/2024 Week of | S/O | S/O |
Last 100 IPOs - April 25, 2024
| Number of IPOs priced : | 100 |
| Number Up: | 32 |
| Number Down: | 67 |
| Number Unchanged: | 1 |
| Percentage Change From Issue Price: | 5.90% |
| Percentage Change for The Nasdaq Composite | 14.51% |
2024 IPO Scorecard - April 25, 2024
| Number of IPOs priced (Excluding 6 units) : | 58 |
| Number Up: | 22 |
| Number Down: | 35 |
| Number Unchanged: | 1 |
| Total Return From Issue Price: | 10.69% |
| The Nasdaq Composite Index YTD % Change | 4.67% |