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CRCM News

Paylocity IPO trades up 41% ahead of March (tech IPO) madness

Paylocity (PCTY) gained  41% on its first day of trading and represents the first of 11 technology IPOs scheduled for the next two weeks. Five more are expected this week and another five are ...read more

US IPO Recap: Coupons.com jumps 88% and Biomet files for an IPO

Last week Coupons.com (COUP), the year's third tech IPO (after Varonis (VRNS) and Care.com (CRCM)), continued a strong run for the sector with an 88% first-day gain; the three offerings now average an 83% total return to date. Others hope to cash in on...read more

2014 IPO activity far outpaces 2013 through February

Even with one month left to go, the first quarter of 2014 has already seen more IPOs than the first quarter of 2013 (37 vs. 31). YTD proceeds are 27% higher than last year, despite a 31% dip in average deal size. It does not appear that activity will slow...read more

US IPO Recap: Care.com tends to a slow-starting IPO market

IPO

Large deals from Santander Consumer USA (SC) and Rice Energy (RICE) posted pedestrian returns last week, while Care.com (CRCM) had the first substantial IPO pop of the year, jumping 43%. The site lifted the year’s average IPO return from 4% to a...read more