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INST.XX News

LINE pops 27% on billion-dollar debut, sending a positive message to tech IPOs

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LINE (LN), the popular Japanese messaging platform, popped 27% on Thursday after raising $1.15 billion in the largest US tech IPO since Alibaba in September 2014. While tech IPO activity still remains well below historical levels, LINE’s IPO is the...read more

US IPO Weekly Recap: IPO market turns friendly as seven companies go public

AAAP

As we noted in a mid-week blog post, AAAP had the best first-day pop (+53%) for an IPO in three months, and on the same day Voyager had the best pop in almost two months (+27%). While there were no biotech filings this past week, it is a safe bet that the...read more

Education software provider Instructure prices IPO at $16, the low end of the range

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Instructure, which provides on-demand learning management software to academic/corporate clients, raised $70 million by offering 4.4 million shares at $16, the low end of the range of $16 to $18. Instructure plans to list on the NYSE under the symbol INST....read more

Week ahead: 9 IPOs set to raise $1 billion during the week of November 9

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The IPO market is having its pre-Thanksgiving feast. Nine companies are on the IPO calendar to raise a combined $1.0 billion during the week ahead. Online mortgage company loanDepot and education software provider Instructure stand out. The IPO market ...read more