Growth IPOs are on a hot streak. This past week's IPOs continued the strong trading we've seen in the tech and health care sectors over the past 90 days. CarGurus and three medical device companies each had a strong debut, averaging a first-day pop of 45%.
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CarGurus, an online marketplace for buyers and sellers of new and used cars, raised $150 million by offering 9.4 million shares at $16, above the range of $13 to $15. CarGurus plans to list on the Nasdaq under the symbol CARG. Goldman Sachs, Allen &...read more
CarGurus leads the way with a $132 million offering in a week with four IPOs set to raise a combined $309 million. The online car marketplace is joined by two specialty medical device companies; a fourth company is commercializing a combination drug-device.
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CarGurus, an online marketplace for buyers and sellers of new and used cars, announced terms for its IPO on Friday. The Cambridge, MA-based company plans to raise $132 million by offering 9.4 million shares (73% insider) at a price range of $13 to $15. At...read more
US IPO Weekly Recap: CarGurus races up 72% in a week with 4 strong pops
Growth IPOs are on a hot streak. This past week's IPOs continued the strong trading we've seen in the tech and health care sectors over the past 90 days. CarGurus and three medical device companies each had a strong debut, averaging a first-day pop of 45%. ...read more
Vroom vroom: CarGurus prices IPO at $16, above the range
CarGurus, an online marketplace for buyers and sellers of new and used cars, raised $150 million by offering 9.4 million shares at $16, above the range of $13 to $15. CarGurus plans to list on the Nasdaq under the symbol CARG. Goldman Sachs, Allen &...read more
US IPO Week Ahead: CarGurus to headline 4-IPO week
CarGurus leads the way with a $132 million offering in a week with four IPOs set to raise a combined $309 million. The online car marketplace is joined by two specialty medical device companies; a fourth company is commercializing a combination drug-device. ...read more
Online auto marketplace CarGurus sets terms for $132 million IPO
CarGurus, an online marketplace for buyers and sellers of new and used cars, announced terms for its IPO on Friday. The Cambridge, MA-based company plans to raise $132 million by offering 9.4 million shares (73% insider) at a price range of $13 to $15. At...read more