Tech IPOs see a hard road in 2016: Higher volatility, lower returns, contracting multiples 2015 saw the lowest tech IPO activity since 2009, and 2016 is not looking much better. The VIX Volatility Index rose again this week -...read more
The Renaissance IPO Index (Ticker: IPOUSA), the underlying index for the Renaissance IPO ETF (Ticker: IPO), will implement the following constituent changes at the market’s close on Friday, June 19, 2015: Additions: EQT GP Holdings ...read more
Fitbit, which offers wearable fitness sensors that track daily activities, announced terms for its IPO on Tuesday. The San Francisco, CA-based company plans to raise $448 million by offering 29.9 million shares (25% insider) at a price range of $14 to $16....read more
Fitbit, which offers wearable fitness sensors that track daily activities, filed on Thursday with the SEC to raise up to $100 million in an initial public offering. However, the deal size is likely a placeholder for an IPO that we estimate could raise $400...read more
Tech sector sell-off sends 2015 IPOs below issue, challenges 2016 tech
Tech IPOs see a hard road in 2016: Higher volatility, lower returns, contracting multiples 2015 saw the lowest tech IPO activity since 2009, and 2016 is not looking much better. The VIX Volatility Index rose again this week -...read more
Renaissance IPO Index - Notice of June 2015 Quarterly Changes
The Renaissance IPO Index (Ticker: IPOUSA), the underlying index for the Renaissance IPO ETF (Ticker: IPO), will implement the following constituent changes at the market’s close on Friday, June 19, 2015: Additions: EQT GP Holdings ...read more
FIT for an IPO: Fitbit sets terms for $448 million IPO
Fitbit, which offers wearable fitness sensors that track daily activities, announced terms for its IPO on Tuesday. The San Francisco, CA-based company plans to raise $448 million by offering 29.9 million shares (25% insider) at a price range of $14 to $16....read more
FIT to be public (in a bit): Fitbit files for an IPO that could raise $400 million
Fitbit, which offers wearable fitness sensors that track daily activities, filed on Thursday with the SEC to raise up to $100 million in an initial public offering. However, the deal size is likely a placeholder for an IPO that we estimate could raise $400...read more