Workday's (WDAY) strong debut on Friday marked the 16th on-demand enterprise software IPO this year. The group has performed exceptionally well, posting an average first day gain of 34% (vs. 14% average for all IPOs YTD) and an average total return of 47%...read more
With its regular August hiatus approaching, the US IPO market began stumbling last week. Only two deals, Eloqua (ELOQ) and Globus Medical (GMED), priced while an equal number...read more
E2open, which provides on-demand supply chain management software to large enterprises, priced its 4.7 million share offering at $15, the low end of the $15-$17 range. BofA Merrill Lynch was the bookrunner on the deal, which is expected to trade on the NASDAQ...read more
Workday notches fifth largest first day gain YTD; on-demand enterprise IPOs continue to command investors' interest
Workday's (WDAY) strong debut on Friday marked the 16th on-demand enterprise software IPO this year. The group has performed exceptionally well, posting an average first day gain of 34% (vs. 14% average for all IPOs YTD) and an average total return of 47%...read more
US IPO market stumbles before August hiatus
With its regular August hiatus approaching, the US IPO market began stumbling last week. Only two deals, Eloqua (ELOQ) and Globus Medical (GMED), priced while an equal number...read more
E2open prices at $15, low end of the range
E2open, which provides on-demand supply chain management software to large enterprises, priced its 4.7 million share offering at $15, the low end of the $15-$17 range. BofA Merrill Lynch was the bookrunner on the deal, which is expected to trade on the NASDAQ...read more
8 US IPOs planned for the week of Jul 23
The following IPOs are expected to price this week:
AmREIT (AMRE), a full service REIT that owns and operates neighborhood and community shopping centers, plans to...read more