IPO Market Blog

Market Commentary and Analysis... Straight from the Pros

IPO Action: July's IPO Steamroller

Written by John Fitzgibbon on Jul 20th, 2014

The IPO market has steamrolled through July’s first three weeks and is on track to produce the busiest July since 2000. Bankers have already priced 13 deals that raised $1.2 billion from the calendar for July so far.

 

Another 24 IPOs are on tap for the rest of the month that could raise another $5.9 billion. That would bring the total for July 2014 to 37 IPOs that could raise $7.1 billion. And guess what? There is still time to add to this traffic.

 

The busiest July in recent history came in 2000 when the calendar produced 42 IPOs that raised $8.6 billion. The busiest July on record was in 1986 when 79 IPOs made ...

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Categories: Market Commentary
Tags: El Pollo Loco Holdings IPO , El Pollo Loco IPO , IPO Action , IPO Calendar , IPO Pipeline , IRMD IPO , LOCO IPO , SAGE IPO , SPKE IPO , Sage Therapeutics IPO , Spike Energy IPO , TSQ IPO , Townsquare Media IPO , iRadimed IPO

IPO Action: Dance of the Drug IPOs

Written by John Fitzgibbon on Jul 13th, 2014

The IPO Orchestra is getting ready to strike up the music for 2014’s second half. It is playing the same tune as it did when 2014 began: “The Waltz of The Pharmaceuticals.” Six of the 15 IPOs on the forward calendar are pharmaceutical companies.

 

The drug sector produced 44 of this year’s 144 IPOs, according to the U.S. Securities and Exchange filings. Worth noting: The sector’s IPO aftermarket performance has outdone all the major stock market indexes, as well as the overall 2014 IPO market.

 

As of Friday’s close on July 11, 2014, the 44 pharmaceutical IPOs were UP 22.8 percent on average from their initial offering prices. The Dow Jones Industrial Average was ...

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Categories: Market Commentary
Tags: GLOB IPO , Globant IPO , Globant S.A. IPO , IPO Action , IPO Calendar , IPO Pipeline , PFNX IPO , Pfenex IPO , TERP IPO , TRUP IPO , TUBE IPO , TerraForm Power , Trupanion IPO , TubeMogul IPO

IPO Action: Seeking Alibaba

Written by John Fitzgibbon on Jul 5th, 2014

“Alibaba, Alibaba, where are you?” The world wants to know. The answer, my friends, is blowing in the wind. And that wind will be blowing through the U.S. Securities and Exchange Commission’s (SEC) filing window all in good time. Until then, we wait.

 

That’s the way it works.

 

First comes the SEC filing called Form S-1, or in Aliababa’s case, Form F-1 as in foreign.

 

On May 6, 2014, Alibaba Group Holding filed for an IPO to raise $1 billion and the world went crazy. The joint-lead managers were Credit Suisse, Deutsche Bank Securities, Goldman Sachs, J.P. Morgan, Morgan Stanley and Citi. Rarely does the Form S-1 give the number of shares to be offered ...

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Categories: Market Commentary
Tags: Alibaba IPO , BABA IPO , IPO Action , IPO Calendar , IPO Performance , IPO Pipeline

IPO Action: A Little Banking Before the 4th

Written by John Fitzgibbon on Jun 29th, 2014

This week’s newcomer is a banking company with Louisiana roots:  


Investar Holding (ISTR – proposed) is a Baton Rouge, Louisiana-based bank holding company formed in 2006. Investar offers a wide range of commercial banking products tailored to meet the needs of individuals and small to medium-sized businesses. In addition to its Baton Rouge headquarters, the bank offers services from nine other full-service branches throughout the state. (For more information, please click here: Investar Holding)

 

The deal is expected to be priced Monday evening, June 30, to start trading Tuesday, July 1st. This kicks off the second half of 2014.

 

First Six Months of 2014

Let’s take a look back at the first half of this year.

 

On Friday, June ...

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Categories: Market Commentary
Tags: ExOne , IPDN , ISTR , NRX , Professional Diversity Network , WATT , XONE , buzz , commentary , ipo , market , news

IPO Action: June's IPO Heat Wave

Written by John Fitzgibbon on Jun 22nd, 2014

June is busting out all over the IPO world. Eleven IPOs were priced last week, bringing June’s total to 20, and this week’s calendar has another 17 deals on the launching pad. The last time there was more action in June came during the insanity-dot-com Internet bubble of 2000 when 39 IPOs were priced, according to the U.S. Securities and Exchange Commission filings. The reason for the surging IPO market in June 2014 is simple. It’s the stock market.

 

The IPO market needs the winds of a bull market at its back to flourish. That’s exactly what’s happening. Two of the three major stock market indexes closed on Friday, June 20, at record  highs ...

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Categories: Market Commentary
Tags: GPRO IPO , GoPro IPO , IMPR IPO , IPO Action , IPO Calendar , IPO Commentary , IPO Pipeline , Imprivata IPO , MIK IPO , MIchaels Companies IPO , MTLS IPO , Materialise IPO , XNET IPO , Xunlei IPO

IPO Action: Drugs, Energy and Money

Written by John Fitzgibbon on Jun 15th, 2014

This week’s IPO calendar features 14 deals looking to raise over $3 billion. This is the second week in 2014 so far to boast 14 IPOs on the calendar. The pharmaceuticals industry, a lagging IPO sector, rules this week’s calendar with eight IPOs. Next up: Energy, a hot IPO industry, accounts for three IPOs. The sizzle, though, comes from swinging London town: Markit, a financial services information provider, is reportedly on the “most wanted” list.

 

The records show pharmaceutical IPOs have underperformed in today’s new-issues market. The average opening-day loss since the beginning of April is 2.82 percent.

 

Consider this: From April 1 through June 13, 2014, eight pharmaceutical IPOs were priced, according to the U ...

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Categories: Market Commentary
Tags: ARDX IPO , Ardelyx IPO , ECR IPO , Eclipse Resources IPO , FELP IPO , Foresight Energy IPO , IPO Action , IPO Calendar , IPO News , IPO Pipeline , MRKT IPO , Markit IPO , Markit Ltd. IPO , SNDX IPO , VNON IPO , Viper Energy IPO

IPO Action: The IPO Train Runs on Time

Written by John Fitzgibbon on Jun 9th, 2014

This week’s IPO Express is pulling into the Wall Street Station on schedule. Over the past several years, the calendar has gone into a closed-down phase during the Memorial Day week and it has kicked back into gear by mid-June - just like the present.

 

The calendar for the week of June 9 lists eight IPOs, which expect to raise about $1.8 billion. Don’t look now, but June 2014 is getting off to a fast start.

 

June by the Numbers

The June calendar has produced 192 IPOs since 2001, after the Internet bubble had burst, according to U.S. Securities and Exchange Commission filings. That makes 15 IPOs an “average” June, and that number is already in the ...

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Categories: Market Commentary
Tags: ABY IPO , ASPN IPO , Abengoa Yield IPO , Alibaba IPO , Aspen Aerogels IPO , IPO Action , IPO Calendar , IPO Commentary , IPO Market , IPO Pipeline , MOBL IPO , MRD IPO , Memorial Resource Development IPO , MobileIron IPO , TSE IPO , Trinseo IPO , Trinseo S.A. IPO , ZPIN IPO , Zhaopin IPO