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Tech sector sell-off sends 2015 IPOs below issue, challenges 2016 tech

Tech IPOs see a hard road in 2016: Higher volatility, lower returns, contracting multiples 2015 saw the lowest tech IPO activity since 2009, and 2016 is not looking much better. The VIX Volatility Index rose again this week -...read more

Renaissance IPO Index - Notice of June 2015 Quarterly Changes

The Renaissance IPO Index (Ticker: IPOUSA), the underlying index for the Renaissance IPO ETF (Ticker: IPO), will implement the following constituent changes at the market’s close on Friday, June 19, 2015: Additions: EQT GP Holdings ...read more

FIT for an IPO: Fitbit sets terms for $448 million IPO

FIT

Fitbit, which offers wearable fitness sensors that track daily activities, announced terms for its IPO on Tuesday. The San Francisco, CA-based company plans to raise $448 million by offering 29.9 million shares (25% insider) at a price range of $14 to $16....read more

FIT to be public (in a bit): Fitbit files for an IPO that could raise $400 million

FIT

Fitbit, which offers wearable fitness sensors that track daily activities, filed on Thursday with the SEC to raise up to $100 million in an initial public offering. However, the deal size is likely a placeholder for an IPO that we estimate could raise $400...read more