Upland Software (UPLD), which offers a suite of acquired cloud-based enterprise work management software, dropped 19% on its debut, giving it the 10th worst first day performance for a technology IPO in the past 10 years. Upland priced at the low end of the...read more
7 IPOs collectively raised just over $1 billion in a volatile week for stocks. The IPO market has seen 223 deals year-to-date, surpassing 2014's full-year post-bubble record of 222 (post to Twitter). Marketing SaaS provider...read more
Three of the five IPOs on Thursday ended below their offer price as the group averaged -3%, signaling choppy waters in the IPO market. MOL Global loses 35% on its debut and two more IPOs break issue MOL Global (MOLG), a Malaysian provider of...read more
HubSpot, which provides a cloud-based marketing automation platform to SMBs, raised $125 million by offering 5 million shares at $25, above the upwardly revised range of $22 to $24. HubSpot plans to list on the NYSE under the symbol HUBS. HubSpot initially...read more
Upland Software faces uphill battle: 10th worst first day return for a tech IPO in 10 years
Upland Software (UPLD), which offers a suite of acquired cloud-based enterprise work management software, dropped 19% on its debut, giving it the 10th worst first day performance for a technology IPO in the past 10 years. Upland priced at the low end of the...read more
US IPO Pricing Recap: Mixed returns among week's 7 IPOs despite market selloff
7 IPOs collectively raised just over $1 billion in a volatile week for stocks. The IPO market has seen 223 deals year-to-date, surpassing 2014's full-year post-bubble record of 222 (post to Twitter). Marketing SaaS provider...read more
MOL money, MOL problems: E-payment provider has worst 1st-day return in over 10 years
Three of the five IPOs on Thursday ended below their offer price as the group averaged -3%, signaling choppy waters in the IPO market. MOL Global loses 35% on its debut and two more IPOs break issue MOL Global (MOLG), a Malaysian provider of...read more
HubSpot prices IPO at $25, above the upwardly revised range
HubSpot, which provides a cloud-based marketing automation platform to SMBs, raised $125 million by offering 5 million shares at $25, above the upwardly revised range of $22 to $24. HubSpot plans to list on the NYSE under the symbol HUBS. HubSpot initially...read more