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TEAM News

What happens to the IPO market when volatility spikes?

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Volatility is back. The VIX Index went above 30 for the first time since August 2015. That long-dormant volatility has immediately begun to derail IPO activity: Three deals postponed ...read more

LINE pops 27% on billion-dollar debut, sending a positive message to tech IPOs

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LINE (LN), the popular Japanese messaging platform, popped 27% on Thursday after raising $1.15 billion in the largest US tech IPO since Alibaba in September 2014. While tech IPO activity still remains well below historical levels, LINE&rsquo...read more

Renaissance IPO Index - Notice of March 2016 Quarterly Changes

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The Renaissance IPO Index (Ticker: IPOUSA), the underlying index for the Renaissance IPO ETF (NYSE Ticker: IPO), will implement the following constituent changes at the market’s close on Friday, March 18, 2016: Additions: Grupo...read more

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

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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 -...read more