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, December 19, 2014: Additions: ...read more
Dicerna Pharmaceuticals (DRNA) gained 207% and Ultragenyx (RARE) followed with a 101% first-day jump the next day as the biotech boom reached a new gear last week. Dicerna’s first-day return was the best since Baidu’s IPO in 2005 (+354%), and...read more
North Atlantic Drilling, a Seadrill-backed operator of nine offshore drilling rigs, raised $125 million by offering 13.5 million shares at $9.25, within the range of $8.50 to $10.00. North Atlantic Drilling plans to list on the NYSE under the symbol NADL....read more
Large deals from Santander Consumer USA (SC) and Rice Energy (RICE) posted pedestrian returns last week, while Care.com (CRCM) had the first substantial IPO pop of the year, jumping 43%. The site lifted the year’s average IPO return from 4% to a...read more
Renaissance IPO Index - Notice of December 2014 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, December 19, 2014: Additions: ...read more
US IPO Recap: Ultragenyx doubles and Dicerna triples in home-run week for biotech IPOs
Dicerna Pharmaceuticals (DRNA) gained 207% and Ultragenyx (RARE) followed with a 101% first-day jump the next day as the biotech boom reached a new gear last week. Dicerna’s first-day return was the best since Baidu’s IPO in 2005 (+354%), and...read more
North Atlantic Drilling prices IPO at $9.25, the midpoint of the range
North Atlantic Drilling, a Seadrill-backed operator of nine offshore drilling rigs, raised $125 million by offering 13.5 million shares at $9.25, within the range of $8.50 to $10.00. North Atlantic Drilling plans to list on the NYSE under the symbol NADL....read more
US IPO Recap: Care.com tends to a slow-starting IPO market
Large deals from Santander Consumer USA (SC) and Rice Energy (RICE) posted pedestrian returns last week, while Care.com (CRCM) had the first substantial IPO pop of the year, jumping 43%. The site lifted the year’s average IPO return from 4% to a...read more