IPOs are leading the stock market's recovery. The Renaissance IPO Index has soared 42.6% from its mid-March low, compared to a 28.9% rebound for the S&P 500. The IPO Index, which is composed of the largest and most liquid IPOs over the past two years and...read more
There is no better beacon of light for a path out of the tangled forest created by the Covid-19 virus than the ingenuity of the American people. It’s expressed in businesses large and small quickly transforming themselves into producers of PPE and the...read more
Four companies raised a combined $1.8 billion in the public markets this week, with three posting first-day returns greater than 50%.
CrowdStrike Holdings (CRWD), a provider of cloud-native endpoint security software for large enterprises...read more
Chewy, the largest US online retailer of pet food and supplies being spun out of PetSmart, raised $1.0 billion by offering 46.5 million shares (88% insider) at $22, above the range of $19 to $21. Chewy plans to list on the NYSE under the symbol CHWY. Morgan...read more
The 2020 IPO market is now up 43% from its lows, a promising sign for May
IPOs are leading the stock market's recovery. The Renaissance IPO Index has soared 42.6% from its mid-March low, compared to a 28.9% rebound for the S&P 500. The IPO Index, which is composed of the largest and most liquid IPOs over the past two years and...read more
Is the IPO market the pathway out of the forest?
There is no better beacon of light for a path out of the tangled forest created by the Covid-19 virus than the ingenuity of the American people. It’s expressed in businesses large and small quickly transforming themselves into producers of PPE and the...read more
US IPO Weekly Recap: Three IPOs pop more than 50% as investors go gaga for growth
Four companies raised a combined $1.8 billion in the public markets this week, with three posting first-day returns greater than 50%. CrowdStrike Holdings (CRWD), a provider of cloud-native endpoint security software for large enterprises...read more
Chewy prices upsized IPO at $22, above the upwardly revised range
Chewy, the largest US online retailer of pet food and supplies being spun out of PetSmart, raised $1.0 billion by offering 46.5 million shares (88% insider) at $22, above the range of $19 to $21. Chewy plans to list on the NYSE under the symbol CHWY. Morgan...read more