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HDP News

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

US IPO Weekly Recap: Three IPOs jump 40% in a week full of tech deals

HDP

Hortonworks (+65%), LendingClub (+56%) and New Relic (+48%) all had strong debuts in a week with six tech IPOs, the most in a week since 2000. The three 40%+ first-day pops were the most in a week since September 2013, when FireEye, Rocket Fuel and Benefitfocus...read more

Hortonworks prices upsized IPO at $16, above the range

HDP

Hortonworks, which develops and supports open source distribution of Hadoop for enterprises, raised $100 million by offering 6.25 million shares at $16, above its $12 to $14 range. Hortonworks will list on the NASDAQ under the symbol HDP. Goldman Sachs, Credit...read more

Week ahead: 11 IPOs planned for the week of December 8 led by Lending Club and high growth tech

LC

The week ahead: high quality financial and technology IPOs 11 mostly high quality deals are on the IPO calendar to raise $2.7 billion during the week...read more