Renaissance Capital logo

DPLO News

US IPO Pricing Recap: Mixed returns among week's 7 IPOs despite market selloff

7 IPOs collectively raised just over $1 billion in a volatile week for stocks. The IPO market has seen 223 deals year-to-date, surpassing 2014's full-year post-bubble record of 222 (post to Twitter). Marketing SaaS provider...read more

Diplomat Pharmacy prices IPO at $13, below the range

Diplomat Pharmacy, which operates the fourth largest specialty pharmacy in the US, raised $173 million by offering 13.3 million shares at $13, below the range of $14 to $16. Diplomat Pharmacy plans to list on the NYSE under the symbol DPLO. Credit Suisse,...read more

8 US IPOs planned for the week of October 6, including hot tech, global finance and a restaurant/arcade

Eight initial public offerings are expected to raise $1.3 billion during the week of October 6, 2014, representing a well-rounded group of tech, finance, health care, consumer, and energy IPOs. After uninspiring performance from ...read more

Specialty drug distributor Diplomat Pharmacy sets terms for $200 million IPO

Diplomat Pharmacy, which operates the fourth largest specialty pharmacy in the US, announced terms for its IPO on Monday. The Flint, MI-based company plans to raise $200 million by offering 13.3 million shares (25% insider) at a price range of $14 to $16. At the...read more