IPOs often amplify the direction of the broader market, so the 4Q18 IPO market is not off to a great start. After outperforming the S&P for most of the year, the IPO Index has tumbled -11.1% since the start of the 4Q, compared to the Russell 2000's -7.1% and...read more
Six IPOs raised $2.9 billion this week. Four traded up over 40%, and none finished the week below issue. Spun out of Eli Lilly, Elanco Animal Health (ELAN) priced above its range to raise $1.5 billion. The company popped 50% on its...read more
Farfetch, a global online marketplace for luxury fashion brands and retailers, raised $885 million by offering 44.2 million shares at $20, above the range of $17 to $19. Farfetch plans to list on the NYSE under the symbol FTCH. Goldman Sachs, J.P. Morgan,...read more
Farfetch, a global online marketplace for luxury fashion brands and retailers, raised the proposed deal size for its upcoming IPO on Wednesday. The London, United Kingdom-based company now plans to raise $796 million by offering 44.2 million shares (24%...read more
IPOs tumble during the market sell-off - here's the silver lining
IPOs often amplify the direction of the broader market, so the 4Q18 IPO market is not off to a great start. After outperforming the S&P for most of the year, the IPO Index has tumbled -11.1% since the start of the 4Q, compared to the Russell 2000's -7.1% and...read more
US IPO Weekly Recap: 4 IPOs pop 40% including Eventbrite, Farfetch and Elanco
Six IPOs raised $2.9 billion this week. Four traded up over 40%, and none finished the week below issue. Spun out of Eli Lilly, Elanco Animal Health (ELAN) priced above its range to raise $1.5 billion. The company popped 50% on its...read more
Farfetch prices IPO at $20, above the range
Farfetch, a global online marketplace for luxury fashion brands and retailers, raised $885 million by offering 44.2 million shares at $20, above the range of $17 to $19. Farfetch plans to list on the NYSE under the symbol FTCH. Goldman Sachs, J.P. Morgan,...read more
Luxury online fashion site Farfetch increases proposed IPO deal size
Farfetch, a global online marketplace for luxury fashion brands and retailers, raised the proposed deal size for its upcoming IPO on Wednesday. The London, United Kingdom-based company now plans to raise $796 million by offering 44.2 million shares (24%...read more