Coming off of two banner years, the 2015 IPO market was a disappointment with 169 IPOs raising only $30 billion, a six-year low. There is no single explanation for the decline in 2015 activity; rather, it was driven by a number of factors, including...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...read more
Etsy exploded 88% out of the gate, giving it the best first-day return for a tech IPO in over a year. Cancer immunotherapy biotech Aduro Biotech flew up 147%, the year's third IPO to more than double on day one.
This past week was the second largest of 2015...read more
Party City Holdco, the largest vertically-integrated party supply retailer with 900 stores in the US and Canada, raised $372 million by offering 21.9 million shares (100% primary) at $17, the high end of the $15-$17 range. At its offer price, Party City will...read more
Renaissance Capital's 2015 US IPO Annual Review
Coming off of two banner years, the 2015 IPO market was a disappointment with 169 IPOs raising only $30 billion, a six-year low. There is no single explanation for the decline in 2015 activity; rather, it was driven by a number of factors, including...read more
Renaissance IPO Index - Notice of September 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...read more
US IPO Weekly Recap: 7 IPOs see Etsy vault 70%, proving vintage is in vogue
Etsy exploded 88% out of the gate, giving it the best first-day return for a tech IPO in over a year. Cancer immunotherapy biotech Aduro Biotech flew up 147%, the year's third IPO to more than double on day one. This past week was the second largest of 2015...read more
Party City prices IPO at $17, high end of the range
Party City Holdco, the largest vertically-integrated party supply retailer with 900 stores in the US and Canada, raised $372 million by offering 21.9 million shares (100% primary) at $17, the high end of the $15-$17 range. At its offer price, Party City will...read more