Envestnet, which provides outsourced web-based investment solutions to financial advisors, will see its quiet period end on Monday, September 6th. On July 28th, the company raised $63 million by offering 7 million shares at $9, below the range of $12-$14. ...read more
This week's crop of IPOs, which all made their market debuts on Thursday, posted mixed results by the end of the week after presenting investors with their diverse fundamental stories. Envestnet (ENV), which provides outsourced web-based investment...read more
Envestnet, which provides outsourced web-based investment solutions to financial advisors, raised $63 million by offering 7 million shares at $9, the low end of the revised $9-$10 range and 31% below the midpoint of the original $12-$14 range. Although the...read more
Envestnet, which provides outsourced web-based investment solutions to financial advisors, lowered the proposed proposed price range for its upcoming IPO on Wednesday. The company now plans to sell its 7.7 million shares at $9-$10, a 27% discount to the...read more
Envestnet quiet period ends September 6
Envestnet, which provides outsourced web-based investment solutions to financial advisors, will see its quiet period end on Monday, September 6th. On July 28th, the company raised $63 million by offering 7 million shares at $9, below the range of $12-$14. ...read more
Molycorp lags Envestnet and Chesapeake Midstream in this week's IPOs
This week's crop of IPOs, which all made their market debuts on Thursday, posted mixed results by the end of the week after presenting investors with their diverse fundamental stories. Envestnet (ENV), which provides outsourced web-based investment...read more
Envestnet prices IPO at $9.00, the low end of the revised range, but sells more primary shares
Envestnet, which provides outsourced web-based investment solutions to financial advisors, raised $63 million by offering 7 million shares at $9, the low end of the revised $9-$10 range and 31% below the midpoint of the original $12-$14 range. Although the...read more
Envestnet lowers the range on its IPO by 27 percent
Envestnet, which provides outsourced web-based investment solutions to financial advisors, lowered the proposed proposed price range for its upcoming IPO on Wednesday. The company now plans to sell its 7.7 million shares at $9-$10, a 27% discount to the...read more