The global IPO market continued its fast start of 2014 in the third quarter. Thanks to Alibaba Group’s historic $21.7 billion IPO, quarterly proceeds were up nearly 200% year-over-year. Excluding Alibaba, quarterly IPO proceeds were led by the North...read more
Alibaba Group Holding has been added to the Renaissance IPO ETF as of market close on September 25, 2014. At the company’s $88.92 closing price on September 25, Alibaba will be the ...read more
The Renaissance IPO Index (IPOUSA), the underlying index for the Renaissance IPO ETF (IPO), will implement the following constituent changes at the market’s close on Friday, September 19, 2014: ...read more
ServiceNow, which provides an on-demand software platform to automate enterprise IT operations, raised $210 million by offering 11,650,000 shares at $18.00, above the range of $15.00-$17.00. ServiceNow plans to list on the NYSE under the symbol NOW. Morgan...read more
Global IPO 3Q 2014 Review: North America Rules IPO Race as Alibaba Makes History
The global IPO market continued its fast start of 2014 in the third quarter. Thanks to Alibaba Group’s historic $21.7 billion IPO, quarterly proceeds were up nearly 200% year-over-year. Excluding Alibaba, quarterly IPO proceeds were led by the North...read more
Alibaba Group Holding added to Renaissance IPO ETF (IPO)
Alibaba Group Holding has been added to the Renaissance IPO ETF as of market close on September 25, 2014. At the company’s $88.92 closing price on September 25, Alibaba will be the ...read more
Renaissance IPO Index - Notice of September 2014 Quarterly Changes
The Renaissance IPO Index (IPOUSA), the underlying index for the Renaissance IPO ETF (IPO), will implement the following constituent changes at the market’s close on Friday, September 19, 2014: ...read more
ServiceNow prices IPO at $18, above the range
ServiceNow, which provides an on-demand software platform to automate enterprise IT operations, raised $210 million by offering 11,650,000 shares at $18.00, above the range of $15.00-$17.00. ServiceNow plans to list on the NYSE under the symbol NOW. Morgan...read more