Renaissance Capital logo

PSN News

US IPO Weekly Recap: Uber falls 8% in a disappointing debut

UBER

Ridesharing giant Uber (UBER) made its debut this week, raising $8.1 billion dollars at a market cap of $82 billion, making it the largest US IPO since Alibaba went public in 2014. Uber priced its IPO at $45, 4% below the midpoint of the $44...read more

US government contractor Parsons prices IPO at $27 midpoint

Parsons logo

Parsons, which provides technology-driven defense, intelligence, and infrastructure solutions, raised $500 million by offering 18.5 million shares at $27, the midpoint of the $26 to $28 range. Parsons plans to list on the NYSE under the symbol PSN. Goldman...read more

US IPO Week Ahead: It's Uber uber alles with biggest IPO in 5 years

UBER

If 2019 is indeed the "year of Uber," then the week ahead can only be the "week of Uber." After years of IPO speculation, Uber (UBER) is expected to raise $8.5 billion at the $47 midpoint, with insiders selling $1.3 billion in the...read more

US government contractor Parsons sets terms for $500 million IPO

Parsons logo

Parsons, which provides technology-driven defense, intelligence, and infrastructure solutions, announced terms for its IPO on Monday. The Centreville, VA-based company plans to raise $500 million by offering 18.5 million shares at a price range of $26 to...read more