Six companies completed US IPOs last week, and all but one gained more than 10% in early trading. Chinese lottery service provider 500.com (WBAI) was the top performer, gaining 54% after pricing above the range. Vince (VNCE), a high-end apparel retailer, was...read more
All four of the IPOs that priced on Thursday night have posted double digit gains in their first day of trading Friday. The day’s top performance came from 500.com (WBAI), the leading online sports lottery service provider in China, which priced at the...read more
Sungy Mobile, which provides mobile apps, literary content and entertainment services for Android, raised $79 million by offering 7.0 million ADSs (all primary) at $11.22, within the range of $9.50 to $11.50. Sungy Mobile, which initially filed confidentially on...read more
Last week, IPO issuers were challenged by investor selectivity and pricing discipline. Half of the week’s eight deals were priced below the range, and three early-stage health care companies postponed their IPOs. Online textbook rental company Chegg...read more
US IPO Recap: Chinese IPOs continue their strong run
Six companies completed US IPOs last week, and all but one gained more than 10% in early trading. Chinese lottery service provider 500.com (WBAI) was the top performer, gaining 54% after pricing above the range. Vince (VNCE), a high-end apparel retailer, was...read more
Four IPOs deliver strong market debuts on Friday
All four of the IPOs that priced on Thursday night have posted double digit gains in their first day of trading Friday. The day’s top performance came from 500.com (WBAI), the leading online sports lottery service provider in China, which priced at the...read more
Sungy Mobile prices IPO within the range at $11.22, raising $79 million
Sungy Mobile, which provides mobile apps, literary content and entertainment services for Android, raised $79 million by offering 7.0 million ADSs (all primary) at $11.22, within the range of $9.50 to $11.50. Sungy Mobile, which initially filed confidentially on...read more
US IPO Recap: IPO count rises above 200
Last week, IPO issuers were challenged by investor selectivity and pricing discipline. Half of the week’s eight deals were priced below the range, and three early-stage health care companies postponed their IPOs. Online textbook rental company Chegg...read more