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ESTC News

October's winners & losers: Growth IPOs still flying high

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Despite the market sell-off, the October IPO market was relatively active with 22 deals, and ...read more

October IPOs soar 16% even as markets sink

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Despite the broad market sell-off, the IPO market is on pace for the most active October since 2014. And the average return for this month's deals is an impressive 16.1%. In October, 19 companies have raised $4.4 billion, with up to three more listings by...read more

US IPO Weekly Recap: US tech IPOs on a tear as Elastic bounds 94%

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Four IPOs raised $767 million. Even as the broader IPO market traded off, all four companies this week were positive and three popped 40% or more. Big data software provider Elastic (ESTC) priced well above its range and flew up 94%. With...read more

Rubber meets the road: Elastic prices IPO at $36, above the range

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Elastic, which provides open-source data search and visualization software, raised $252 million by offering 7 million shares at $36, above the upwardly-revised range of $33 to $35. Elastic plans to list on the NYSE under the symbol ESTC. Goldman Sachs, J.P....read more