With its regular August hiatus approaching, the US IPO market began stumbling last week. Only two deals, Eloqua (ELOQ) and Globus Medical (GMED), priced while an equal number...read more
The IPO market exhibited strong signs of life this week when four companies were able to price, with three doing so above their initial ranges. Additionally, all four companies are...read more
Palo Alto Networks, which provides firewall products to 7,750 enterprise customers, raised $260 million by offering 6 million shares at $42, well above the upwardly revised range of $38 to $40. The company had originally filed a range of $34 to $37. Palo Alto...read more
Five Below (FIVE), which priced its IPO at $17.00 after the close yesterday, finished trading today up $9.50 at $26.50, representing a first day pop of 56%. Five Below's first day gain is the seventh highest in 2012 and the highest since Splunk (SPLK)...read more
US IPO market stumbles before August hiatus
With its regular August hiatus approaching, the US IPO market began stumbling last week. Only two deals, Eloqua (ELOQ) and Globus Medical (GMED), priced while an equal number...read more
IPO market heats up with four mid-summer deals, 11 on the calendar
The IPO market exhibited strong signs of life this week when four companies were able to price, with three doing so above their initial ranges. Additionally, all four companies are...read more
Palo Alto Networks prices IPO at $42, well above upwardly revised range
Palo Alto Networks, which provides firewall products to 7,750 enterprise customers, raised $260 million by offering 6 million shares at $42, well above the upwardly revised range of $38 to $40. The company had originally filed a range of $34 to $37. Palo Alto...read more
Five Below flies high in trading debut
Five Below (FIVE), which priced its IPO at $17.00 after the close yesterday, finished trading today up $9.50 at $26.50, representing a first day pop of 56%. Five Below's first day gain is the seventh highest in 2012 and the highest since Splunk (SPLK)...read more