Three profitable companies each traded up more than 20% this past week, while the sole biotech IPO ended flat. Radio-frequency chip maker Impinj, the week's smallest IPO, delivered the largest return (+40%). For 2016 IPOs, first-day returns (+9.0%) have now...read more
Patheon, a global provider of contract drug manufacturing and development services, raised $625 million by offering 29.8 million shares at $21, within the range of $19 to $22. Patheon plans to list on the NYSE under the symbol PTHN. J.P. Morgan, Morgan Stanley...read more
Four IPOs are on the calendar to raise nearly $900 million in the week ahead. Three are profitable, including the fourth-largest offering of 2016 and two companies that...read more
All eyes were on Japanese messaging application LINE's (LN) highly anticipated debut this week; and it did not disappoint, popping 27% on its opening day. AdvancePierre Foods (APFH) raised $391 million and traded...read more
US IPO Weekly Recap: Three profitable companies deliver double-digit returns
Three profitable companies each traded up more than 20% this past week, while the sole biotech IPO ended flat. Radio-frequency chip maker Impinj, the week's smallest IPO, delivered the largest return (+40%). For 2016 IPOs, first-day returns (+9.0%) have now...read more
Patheon, an LBO'd drug manufacturer, prices IPO at $21, within the range
Patheon, a global provider of contract drug manufacturing and development services, raised $625 million by offering 29.8 million shares at $21, within the range of $19 to $22. Patheon plans to list on the NYSE under the symbol PTHN. J.P. Morgan, Morgan Stanley...read more
US IPO Week Ahead: Three profitable IPOs and a biotech look to raise $900 million
Four IPOs are on the calendar to raise nearly $900 million in the week ahead. Three are profitable, including the fourth-largest offering of 2016 and two companies that...read more
US IPO Weekly Recap: LINE and AdvancePierre trade up on market debut
All eyes were on Japanese messaging application LINE's (LN) highly anticipated debut this week; and it did not disappoint, popping 27% on its opening day. AdvancePierre Foods (APFH) raised $391 million and traded...read more