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RARE News

Renaissance IPO Index - Notice of September 2015 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...read more

US IPO Recap: Varonis provides data security for enterprises and financial security for investors

The year's first software IPO, Varonis Systems (VRNS), gained 100% on the first day of trading after pricing 22% above the midpoint of the original range. It marked the third IPO this year to have a 100% or greater first-day return after Dicerna (DRNA) and...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

Ultragenyx prices upsized IPO at $21, above the range

Ultragenyx Pharmaceutical, a clinical-stage biotech developing treatments for rare metabolic genetic diseases, raised $121 million by offering 5.8 million shares at $21, above the range of $19 to $20. Ultragenyx Pharmaceutical plans to list on the NASDAQ under...read more