IPO Boutique Research, Color & More Information for Subscribers
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: Patriot National, Inc. Symbol: PN Price: Last trade $13.43 Trade Date: 10/21 Shares: 5.9 million Underwriter(s) BMO Capital Markets, J.P. Morgan[…]
It was a lighter month in terms of quantity of IPOs that came to market in January. Just 13 deals came to market this month as compared to 17 deals that came to market in January 2014. But with what the new issues market lacked in number, it made up for it in quality with[…]
This past week two IPOs debuted, three updated terms and four new deals filed. The 2015 IPO market opened with a pair of deals that had an uninspiring performance. Patriot National (NYSE: PN) priced below the range, $14, and debuted with a first trade of $13.49. ‘PN’ never traded above its offering price on day[…]
Patriot National (NYSE: PN) prices its IPO below the prevailing $16-$18 range. Patriot National prices 8.3 million shares at $14 and will debut on the NYSE on Friday. Update: 1/16, 8:32am County Bancorp’s (NYSE: ICBK) IPO priced 1.18 million shares at $15.75. It was the full size of shares but priced below the prevailing $16-$18[…]
The IPO market will debut in 2015 this week with three deals on tap for the week: County Bancorp (Nasdaq: ICBK) is a Wisconsin corporation and registered bank holding company. Patriot National (NYSE: PN) – a national provider of comprehensive outsourcing solutions within the workers’ compensation marketplace for insurance companies, employers, local governments and reinsurance[…]