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ORC News

Weekly Recap: Xoom zips, filing activity picks up for US IPO market

Money transfer service Xoom (XOOM) surged 59% on Friday, ending 2013's first month and a half of US IPOs on a high note. Xoom's first-day pop is another positive data point, together with large money flows into equities, very low volatility and overall strong...read more

Orchid Island Capital prices IPO at $15, within the range

ORC

Orchid Island Capital, a Bimini Capital-managed REIT focused on investing in Agency RMBS, raised $35 million by offering 2.4 million shares at $15, within the range of $14 to $16. Orchid Island Capital plans to list on the NYSE MKT under the symbol ORC....read more

Weekly Recap: US IPO market cools as majority of deals fall or postpone

ORC

The US IPO market started last week strongly, with two 30%+ gains, but ended the week on a down note. Of eight deals scheduled, three suffered first-day losses, one delayed its deal and two others postponed their offerings. The upcoming ...read more

5 US IPOs planned for the week of Feb 11

The following IPOs are expected to price this week: AutoGenomics (AGMX), which provides a molecular diagnostics system for genetic testing in clinical laboratories,...read more