The US IPO Index has plummeted 51% year-to-date, in the IPO market’s sharpest sell-off since at least the 2008 Global Financial Crisis. Of the 397 traditional IPOs in 2021, only 12% are trading above issue. Rampant speculation and near-zero interest rates...read more
Switch, which provides colocation services through three data center campuses, raised $531 million by offering 31.25 million shares at $17, above the range of $14 to $16. It is the largest IPO in the technology sector since Snap (SNAP) raised $3.4 billion in...read more
Three deals are set to raise a combined $669 million in the coming week. Data center operator Switch (SWCH) is expected to raise $469 million in the largest tech IPO since Snap (SNAP). A peptide-based biotech and energy...read more
These IPOs have outperformed during the biggest sell-off in over a decade
The US IPO Index has plummeted 51% year-to-date, in the IPO market’s sharpest sell-off since at least the 2008 Global Financial Crisis. Of the 397 traditional IPOs in 2021, only 12% are trading above issue. Rampant speculation and near-zero interest rates...read more
US IPO Weekly Recap: 'Switching' things up with 2 strong IPO pops
The IPO market kicked off the fourth quarter with the wind at its back. IPO performance remained strong for yet another week as two companies raised a combined $651 million and generated...read more
Switch on: Data center operator Switch prices $531 million IPO above the range at $17
Switch, which provides colocation services through three data center campuses, raised $531 million by offering 31.25 million shares at $17, above the range of $14 to $16. It is the largest IPO in the technology sector since Snap (SNAP) raised $3.4 billion in...read more
US IPO Week Ahead: 3 IPOs flip the switch to kick off an active 4Q
Three deals are set to raise a combined $669 million in the coming week. Data center operator Switch (SWCH) is expected to raise $469 million in the largest tech IPO since Snap (SNAP). A peptide-based biotech and energy...read more