IPO Boutique Research, Color & More Information for Subscribers
It was an extremely strong week for IPOs as two of the three deals opened higher than 25% above their respective offering prices. Redfin Corporation (Nasdaq: RDFN) was considered many-multiple times oversubscribed by IPO Boutique’s sources and priced its offering $1.00 above the $12-$14 range. ‘RDFN’ opened with a first trade of $19.56 or 30.4% higher.[…]
This past week two IPOs debuted Here’s a look at the up-to-date active IPO pipeline. Following the holiday week, the IPO market was relatively subdued. The up-coming week, we will see a return to an active market as a total six IPOs and four follow-on offerings are on the schedule. IPO Schedule – Week of 7/17[…]
You can Subscribe to IPO Boutique’s Secondary Only Service by clicking here: This past week 15 secondary offerings came to market and IPO Boutique placed BUY ratings on 6 of them. This week, $2.25bn was raised by companies in the secondary market. The average gain of BUY rated offerings this week at first trade[…]
SIGN UP FOR IPO BOUTIQUE’S FREE NEWSLETTER After a well-documented slow 2016…forecasters had predicted an active syndicate calendar in 2017. One analyst said 275 deals this year was possible…others were saying the pipeline was considerably backed up. The availability of private funding and lack of urgency to go public continue to be logical reasoning behind[…]
IPO BOUTIQUE CLIENTS and IPO BOUTIQUE SECONDARY ALERTS CLIENTS received ALL this information to their inbox on a REAL TIME basis. If having real-time alerts for secondary offerings would be an advantage to you, inquire about a subscription today! Our Buy, Neutral or Avoid ratings of the Secondaries below are intended as a recommendation for those who buy Secondaries on a regular basis.[…]
IPO BOUTIQUE CLIENTS and IPO BOUTIQUE SECONDARY ALERTS CLIENTS received ALL this information to their inbox on a REAL TIME basis. If having real-time alerts for secondary offerings would be an advantage to you, inquire about a subscription today! Our Buy, Neutral or Avoid ratings of the Secondaries below are intended as a recommendation for those who buy Secondaries on a regular basis.[…]
NEW FILINGS Company: GPM Petroleum LP Symbol: GPMP Price: TBD Description: They are a growth-oriented Delaware limited partnership formed by GPM to engage in the wholesale distribution of motor fuels on a fixed fee per gallon basis to GPM-controlled convenience stores and third parties. Trade Date: TBD Shares: TBD Underwriter(s): Raymond James, Wells Fargo Securities,[…]
Presidio Inc. (Nasdaq: PSDO) — According to the underwriter, Presidio Inc priced its IPO at the low-end of the range. ‘PSDO’ priced 16.7mm shares at $14.00 and will debut on Friday (3/10). Want to stay up to speed on IPO News & IPO Boutique? Subscribe to our FREE IPO NEWSLETTER If having real-time alerts for secondary offerings would be[…]
IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating. Company: Tesoro Logistics LP Symbol: TLLP Price: Last trade $59.29 Description: Re-offer range $56.80-$58.70 Trade Date: 2/22 Shares: 5 million Underwriter(s)Citigroup, Deutsche[…]
IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating. Company: Entellus Medical, Inc. Symbol: ENTL Price: Last trade $19.39 Description: Re-offer range $17.00-$18.00 Trade Date: 1/26 Shares: 3.1 million Underwriter(s)BofA Merrill[…]
IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating. Company: Recro Pharma, Inc. Symbol: REPH Price: Last trade $6.99 Trade Date: 12/13 Shares: 5.7 million Underwriter(s)Piper Jaffray Rating=Subscription Needed Company: Valley[…]
IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating. Company: SM Energy Symbol: SM Price: Last trade $40.17 Description: Re-offer range $37.50-$39.50 Trade Date: 12/2 Shares: 8 million Underwriter(s)J.P. Morgan, BofA[…]
IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating. Company: MercadoLibre, Inc. Symbol: MELI Price: Last trade $183.21 Trade Date: 10/14 Shares: 5.5 million Underwriter(s)Morgan Stanley, J.P. Morgan Rating=Subscription Needed
IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating. Company: Nordic American Tankers Limited Symbol: NAT Price: Last trade $10.68 Description: Re-offer $10.00 Trade Date: 9/27 Shares: 11 million Underwriter(s)Morgan Stanley,[…]
IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating. Company: Home BancShares, Inc. Symbol: HOMB Price: Last trade $22.67 Description: No re-offer available Trade Date: 9/23 Shares: 2.65 million Underwriter(s) Stephens[…]
Prior to last year’s J.P. Morgan Healthcare Conference, Moderna Therapeutics made waves with the largest biotech private funding round ever–a $446m round in December 2014. And now, the news is spreading to the masses. Moderna Therapeutics, a company that focuses on using messenger RNA, or mRNA, to spur the production of human proteins within patient[…]