Renaissance Capital logo

JMI News

Half of US IPOs pushed back but rest perform strongly in short week

Home furnishings retailer Restoration Hardware (RH) gained 30% and two midstream energy LPs traded up during a shortened week for the US IPO market. All three deals priced on November...read more

Active week for IPOs marred by lackluster trading

The fourth quarter got off to an active start this week as six of seven deals on the calendar priced. The trend of pricing pressure continued in October’s first week as four of six deals priced at the low end or below their range. Since July 25, 18 of 26...read more

Javelin Mortgage prices upsized IPO at $20

JMI

Javelin Mortgage Investment, a newly formed mortgage REIT that will be externally managed by ARMOUR Residential Management (ARRM), raised $145 million by offering 7.25 million shares at $20. Javelin had originally planned to offer 6.25 million shares. The REIT...read more

8 US IPOs planned for the week of Oct 1

The following IPOs are expected to price this week: Berry Plastics Group (BERY), which manufactures plastic goods and containers for consumer applications, plans to raise...read more