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ZIM News

The 10 best-performing US IPOs of 2021 are now a mixed bag

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2022's broad sell-off in growth stocks has hit the IPO market especially hard, and last year’s best-performing IPOs are no exception. Of the top 10 best-performing IPOs at the end of last year, all but one have traded down in 2022, and half are now...read more

US IPO Weekly Recap: January closes out with 3 billion-dollar deals in an 8 IPO week

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The first month of 2021 closed out with eight IPOs, 24 SPACs, and one postponement. Three issuers raised more than $1 billion, bringing the count of billion-dollar US IPOs in January to six, the most in a single month ever. Just one IPO submitted an initial...read more

Israeli cargo shipper ZIM Integrated Shipping Services prices downsized IPO below the range at $15

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ZIM Integrated Shipping Services, an asset-light Israeli container shipping liner leasing about 400K TEU capacity, raised $218 million by offering 14.5 million shares at $15, below the range of $16 to $19. The company offered 3 million fewer shares than...read more