Renaissance Capital logo

SHOP News

Bigger Commerce: E-commerce SaaS platform BigCommerce prices IPO above the upwardly-revised range at $24

Shopify logo

BigCommerce Holdings, which provides a cloud-based platform for businesses to create online stores, raised $216 million by offering 9.0 million shares (76% primary) at $24, above the upwardly-revised range of $21 to $23. New investor Tiger Global had...read more

Tech sector sell-off sends 2015 IPOs below issue, challenges 2016 tech

Shopify logo

Tech IPOs see a hard road in 2016: Higher volatility, lower returns, contracting multiples 2015 saw the lowest tech IPO activity since 2009, and 2016 is not looking much better. The VIX Volatility Index rose again this week - it has remained above 20 almost...read more

Renaissance IPO Index - Notice of December 2015 Quarterly Changes

/logos/SHOP_logo.jpg

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 18, 2015: Additions: Antero Midstream Partners LP ...read more

US IPO Market Takes Off Again in the Second Quarter: Renaissance Capital's 2Q 2015 Review

Shopify logo

Click here to view the full report. IPO activity more than doubled during the second quarter compared to the slow first quarter, which hit a 2-year low. The 70 IPOs raised almost $13 billion, with each month this quarter having the year-to-date most IPOs,...read more