Plus, last week’s trade discussions were constructive, the U.S. manufacturing sector hit a five-month high this month, WeWork’s CEO is facing pressure to step down, and Lululemon shares were just upgraded.
Read MorePlus, oil prices are dropping, WeWork is delaying its IPO, Home Depot shares are falling, and Adobe and Fedex report earnings today.
Read MorePlus, the ECB cut rates, SmileDirectClub debuted, and Groupon might be about to make an offer for Yelp.
Read MorePlus, Moody’s downgraded Ford to junk, China’s Huawei dropped a lawsuit against the U.S., WeWork is moving ahead with its IPO, and Wendy’s is bringing back breakfast.
Read MoreNo. 6: Satsuma Pharmaceuticals Inc. (STSA) Satsuma is a San Francisco-based pharmaceutical firm developing a dry-powder nasal spray to treat migraines. The product candidate — STS101 — can be quickly self-administered with a proprietary pre-filled, single-use, nasal delivery device. The company began a Phase 3 electronic medical records and genomics (eMERGE) trial for STS101 this […]
Read MoreNo. 5: Flux Power Holdings (FLUX) Flux is a producer of rechargeable lithium-ion batteries called “LiFT,” which offer a “better performing, cheaper and more environmentally friendly alternative” to old-school lead-acid batteries. The company’s battery solutions are used by several high-profile customers, including automakers like Toyota and utility firms like the Raymond Corp. From March 2018 […]
Read MoreThe IPO market is changing quicker than ever, particularly as direct listings continue to dominate the conversation surrounding whether or not a “traditional” IPO is necessary anymore. The direct listings of Slack Technologies Inc. (WORK) and Spotify Technology (SPOT) in recent years have been the strongest proofs of concept, as both are up more than […]
Read MoreNo. 6: Kura Sushi USA (KRUS) Kura Sushi USA is the American spin-off of Kura Japan, which is known for featuring revolving sushi bars. The U.S. component currently operates 22 restaurants across California, Texas, Nevada, Georgia, and Illinois. However, the firm hopes to rapidly expand its footprint after the stock offering, currently set to be […]
Read MoreNo. 5: Health Catalyst Inc. (HCAT) Health Catalyst is a Utah-based data company that provides software solutions to healthcare organizations. It has over 125 U.S. customers ranging from community hospitals, physician practices, and medical centers, 50 of which rank among the biggest healthcare organizations in the country. The company earned $127 million in sales from […]
Read MoreNo. 5: Medallia (MDLA) Medallia is a software company that owns and operates a customer survey and feedback management platform called the Medallia Experience Cloud. The firm’s market debut follows a string of successful listings from tech unicorns, including most recently Slack Technologies Inc. (WORK) whose shares are up nearly 34% from the June 19 […]
Read MoreThe first half of the year is almost in the bag, and while the major market indexes continue their overall trend higher, the IPO market has been 2019’s biggest unsung winner. While strong economic data and a broader market rally are cited as the IPO market’s biggest drivers, much of the bullish sentiment can be […]
Read MoreThe IPO market is set to wrap up a particularly strong month this week, which should see nine deals raise a combined $2.1 billion in proceeds by Friday, June 28. Last week saw six IPOs and a special purpose acquisition company (SPAC) hit the market, but most headlines concerned the unique direct listing of popular […]
Read MoreA resurgence in the U.S. IPO market appears to be taking shape, with eight new deals this week set to follow last week’s collection of strong first-day gainers that managed to raise a combined $1.8 billion. While shares of freelance marketplace Fiverr International Ltd. (FVRR) soared 90% for the week’s biggest first-day gain, much of […]
Read MoreThe U.S. IPO market looks poised to heat back up this week following last week’s largely uneventful calendar of four debuts. The runaway winner was Revolve Group LLC (RVLV), which hit the market last Thursday, June 6 and raised $212 million by selling 11.8 million shares at the high end of the $16-$18 range. Shares […]
Read MoreI hope your mouth is watering. This IPO is living up to the hype, and it marks the beginning of something huge.
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