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AZUL News

US IPO Weekly Recap: An active week as 7 IPOs average 16% pop

CELC

Seven deals raised a combined $1.2 billion this past week and first day returns averaged 16%. Performance was particularly strong for the healthcare space; Chinese cancer biotech Zai Lab led the pack, returning 55% on its first day,...read more

US IPO Weekly Recap: Six IPOs price, Yext pops 22% and Netshoes disappears

YEXT

Six IPOs raised $1.2 billion this week, tied for the most active week of the year. Yext (YEXT) was the latest in a series of high-growth, high-loss software companies to have well-received IPOs this year. Yext allows businesses to sync...read more

Flying higher: Azul prices upsized $573 million IPO at the midpoint of the range

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Azul, Brazil's third-largest airline founded by JetBlue founder David Neeleman, raised $573 million in a global initial public offering. The company offered 85.4 million shares (26% insider) at R$21, the midpoint of the range of R$19 to R$23, and the equivalent...read more

US IPO Weekly Recap: 3 high flying deals

OKTA

This week saw a diverse group of four IPOs price to generally positive reactions, three had double-digit returns. Okta (OKTA) was the latest high-growth, high-loss software company to go public this year and like the others it had a...read more