Renaissance Capital logo

SONO News

IPOs tumble during the market sell-off - here's the silver lining

Sonos logo

IPOs often amplify the direction of the broader market, so the 4Q18 IPO market is not off to a great start. After outperforming the S&P for most of the year, the IPO Index has tumbled -11.1% since the start of the 4Q, compared to the Russell 2000's -7.1% and...read more

US IPO Week Ahead: One SPAC expected to price during the thick of the annual August slowdown

LOACU

Only one SPAC is expected to price in the week ahead. The August lull may be in full effect at the moment but expect that to change after Labor Day when recent filers like Nio, Farfetch and...read more

US IPO Weekly Recap: Sonos surges 40% in IPO week with real estate and smart devices

SONO

Three IPOs hit public markets this past week, raising $1.1 billion, along with two SPACs. Smart devices were a smart investment. Connected speaker company Sonos and camera maker Arlo Technologies each had to price below the...read more

Speaker maker Sonos prices IPO below the range at $15

Sonos logo

Sonos, which designs and sells connected speakers and audio components, raised $208 million by offering 13.9 million shares at $15, below the range of $17 to $19. Insiders sold 60% of the offering. Sonos plans to list on the Nasdaq under the symbol SONO....read more