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TKLF News

2022 IPOs with the largest first-day pops are now some of the worst performers

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So far in 2022, IPO activity has been dominated by small, volatile issuers. Of the year’s 51 pricings to date, 19 (37%) have soared 100% or more in their debuts, while one-in-ten have jumped at least 500%. But those with the largest first-day pops have...read more

Tiny takeover: Small issuers account for over 60% of 2022 IPO activity

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Companies have broadly put listing plans on hold amid the worst IPO sell-off in over a decade, but small issuers are still on the move. So far, 21 of the year’s 34 IPOs (62%) have raised less than $50 million, the highest concentration in over a decade....read more

Pop and drop: Micro-cap IPOs with the best first-day pops of 2022 plummet in the aftermarket

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Since the start of the year, three small IPOs have popped more than 400%. The gains proved to be short-lived, however: All three high-flyers have plummeted in the aftermarket and now average a -29% return from IPO. Last week, Singapore-based ...read more

All the small things: Small issuers keep the IPO market active as large deals wait

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While market conditions have forced most IPO candidates to the sidelines, small issuers continue to list, dominating the IPO calendar in recent weeks. As we noted, ...read more