US IPO Market Contracts as Returns Slump in the Third Quarter The IPO market slowed in the 3Q 2015 to 34 deals, down 43% year-over-year, hurt by the broad market sell-off and specific sector conditions, including a near absence of tech and energy...read more
Equity Selloff Hits Recent IPOs
Recent IPOs have not been exempt from the steep selloff in the major indices. As of midday Friday, the Renaissance IPO Index was down 5...read more
Biotech companies lead a weak week in IPOs. So far this year, 127 companies have come public, and the average first-day pop has been about 16%. In the past two weeks, 8 of...read more
Planet Fitness, a franchised low-cost gym chain with over 1,000 locations in the US, raised $216 million by offering 13.5 million shares at $16, the high end of the range of $14 to $16. Planet Fitness plans to list on the NYSE under the symbol PLNT. Planet...read more
Renaissance Capital's 3Q 2015 Quarterly US IPO Market Review
US IPO Market Contracts as Returns Slump in the Third Quarter The IPO market slowed in the 3Q 2015 to 34 deals, down 43% year-over-year, hurt by the broad market sell-off and specific sector conditions, including a near absence of tech and energy...read more
US IPO Weekly Recap: One IPO and one bad week in the markets
Equity Selloff Hits Recent IPOs Recent IPOs have not been exempt from the steep selloff in the major indices. As of midday Friday, the Renaissance IPO Index was down 5...read more
US IPO Weekly Recap: A bad week besides biotech
Biotech companies lead a weak week in IPOs. So far this year, 127 companies have come public, and the average first-day pop has been about 16%. In the past two weeks, 8 of...read more
Planet Fitness prices IPO at $16, the high end of the range
Planet Fitness, a franchised low-cost gym chain with over 1,000 locations in the US, raised $216 million by offering 13.5 million shares at $16, the high end of the range of $14 to $16. Planet Fitness plans to list on the NYSE under the symbol PLNT. Planet...read more