IPOs are leading the stock market's recovery. The Renaissance IPO Index has soared 42.6% from its mid-March low, compared to a 28.9% rebound for the S&P 500. The IPO Index, which is composed of the largest and most liquid IPOs over the past two years and...read more
• Driven by a surge in tech, all 5 IPOs traded up 30% or more (44% avg.) • Tech is by far the year's best IPO sector, averaging 30% vs. 4% for non-tech • ...read more
Smartsheet, which provides a spreadsheet-based work collaboration platform, raised $175 million by offering 11.6 million shares at $15, above the revised range of $12 to $14. It had previously filed at a range of $10 to $12. Smartsheet plans to list on the NYSE...read more
Smartsheet, which provides a spreadsheet-based work collaboration platform, raised the proposed deal size for its upcoming IPO on Tuesday. The Bellevue, WA-based company now plans to raise up to $163 million by offering 11.6 million shares (14% insider) at...read more
The 2020 IPO market is now up 43% from its lows, a promising sign for May
IPOs are leading the stock market's recovery. The Renaissance IPO Index has soared 42.6% from its mid-March low, compared to a 28.9% rebound for the S&P 500. The IPO Index, which is composed of the largest and most liquid IPOs over the past two years and...read more
US IPO Weekly Recap: DocuSign leads tech wave as IPO market hits 5 homeruns
• Driven by a surge in tech, all 5 IPOs traded up 30% or more (44% avg.) • Tech is by far the year's best IPO sector, averaging 30% vs. 4% for non-tech • ...read more
Smartsheet prices IPO at $15, above the revised range
Smartsheet, which provides a spreadsheet-based work collaboration platform, raised $175 million by offering 11.6 million shares at $15, above the revised range of $12 to $14. It had previously filed at a range of $10 to $12. Smartsheet plans to list on the NYSE...read more
The smart money: Smartsheet raises IPO range to $12-$14
Smartsheet, which provides a spreadsheet-based work collaboration platform, raised the proposed deal size for its upcoming IPO on Tuesday. The Bellevue, WA-based company now plans to raise up to $163 million by offering 11.6 million shares (14% insider) at...read more