{"id":16931,"date":"2021-01-15T17:00:57","date_gmt":"2021-01-15T22:00:57","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=16931"},"modified":"2021-01-17T07:52:16","modified_gmt":"2021-01-17T12:52:16","slug":"ipo-fireworks-roll-into-21-affirm-poshmark-mark-major-winners-this-week","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/ipo-fireworks-roll-into-21-affirm-poshmark-mark-major-winners-this-week\/","title":{"rendered":"IPO Fireworks Roll into 21&#8242;: Affirm, Poshmark mark major winners this week"},"content":{"rendered":"<p><b>The euphoric finish to 2020 has officially carried over to 2021 with a trio of IPOs that opened +75% or higher.<\/b><!--more--><\/p>\n<p><b><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2021\/01\/Screen-Shot-2021-01-11-at-8.47.35-AM.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-16811\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2021\/01\/Screen-Shot-2021-01-11-at-8.47.35-AM.png\" alt=\"\" width=\"206\" height=\"92\" \/><\/a><\/b><\/p>\n<p><b>Affirm Holdings (AFRM) <\/b>priced a full-size deal, 24.6mm shares, at $49.00, and opened at $90.90 for<b> a gain of 85.5% at first trade. AFRM\u00a0<\/b>traded with power, force and momentum on day two and traded as high as $137.98 for a gain of 181.5% at top-tick.<\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2021\/01\/Screen-Shot-2021-01-11-at-8.53.04-AM.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-16819\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2021\/01\/Screen-Shot-2021-01-11-at-8.53.04-AM.png\" alt=\"\" width=\"286\" height=\"144\" \/><\/a><\/p>\n<p><b>Poshmark Inc (POSH)<\/b> priced a full-size deal, 6.6mm shares, at $42.00 ($3 above the $35-$39 range) and <b>opened at $97.50 for a gain of 132.1% at first trade. POSH\u00a0<\/b>held up during its opening session (which closed at $101.50) but did succumb to selling pressure on Friday and traded into the low 80s.<\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2021\/01\/Screen-Shot-2021-01-11-at-8.59.17-AM.png\"><img decoding=\"async\" class=\"alignnone size-medium wp-image-16822\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2021\/01\/Screen-Shot-2021-01-11-at-8.59.17-AM-300x83.png\" alt=\"\" width=\"300\" height=\"83\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2021\/01\/Screen-Shot-2021-01-11-at-8.59.17-AM-300x83.png 300w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2021\/01\/Screen-Shot-2021-01-11-at-8.59.17-AM.png 390w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p><b>Motorsport Gaming US LLC (MSGM) priced a full-size deal, 3.0mm shares, at $20.00 or the high-end of the upwardly-revised\u00a0 range and opened at $35.00 for a gain of 75.0% at first trade.<\/b><\/p>\n<p><b>Playtika Holding Corp (PLTK) <\/b><span style=\"font-weight: 400;\">priced a full-size deal, <\/span><b>69.5mm shares, at $27.00<\/b><span style=\"font-weight: 400;\"> ($3 above the range) and\u00a0<strong> opened at $33.40 for a gain of 23.7% at first trade.<\/strong><\/span><\/p>\n<p>Consumer stocks fared well with strong openings from both Petco Health &amp; Driven Brands.<\/p>\n<p><b>Petco Health and Wellness Company, Inc. (WOOF)\u00a0 priced a full-size deal, 48.0mm shares, at $18.00 ($1 above the range) and opened at $26.00 for a gain of 44.4% at first trade.\u00a0<\/b><strong>WOOF\u00a0<\/strong>traded as high as $31.08 during its debut session.<\/p>\n<p><b>\u00a0Driven Brands Holdings Inc priced 31.8mm shares (downsized from 38.0mm) at $22.00 ($2 above the range) and opened at $28.00 for a gain of 27.3% at first trade.<\/b><\/p>\n<p><b>Kuke Music Holding Limited (KUKE) <\/b><span style=\"font-weight: 400;\">priced a full-size deal, 5.0mm shares, at the low-end of the range, $10.00, and <\/span><b>opened at $10.50 for a gain of 5.0% at first trade.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Looking ahead to this week, there are four deals currently on the schedule:<\/span><\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Debuting Thursday (1\/21)<\/strong><\/span><\/p>\n<p><b>Dream Finders Homes Inc (DFH) &#8212;\u00a0 <\/b><span style=\"font-weight: 400;\">\u00a0<\/span><b>They are one of the nation\u2019s fastest growing private homebuilders by revenue and home closings since 2014.<\/b><span style=\"font-weight: 400;\"> The company is seeking a market cap of $1.1b-$1.4b based on the $12-$15 range.\u00a0<\/span><\/p>\n<p><b>Link to Prospectus: <\/b><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1825088\/000114036121000754\/nt10015422x5_s1a.htm\"><b>Terms Added: 1-11-21<\/b><\/a><\/p>\n<p><b>MYT Netherlands Parent B.V. (MYTE) <\/b><span style=\"font-weight: 400;\">&#8212;<\/span> <span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><b>They are a leading luxury e-commerce platform for the global luxury fashion consumer. <\/b><span style=\"font-weight: 400;\">The company is seeking a <\/span><b>market cap of $1.4b-$1.6b <\/b><span style=\"font-weight: 400;\">based on the $16-$18 range.\u00a0<\/span><\/p>\n<p><b>Link to Prospectus: <\/b><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1831907\/000110465921003254\/tm2035491-6_f1a.htm\"><b>Terms Added: 1-12-21<\/b><\/a><\/p>\n<p><b>RLX Technology Inc (RLX) <\/b><span style=\"font-weight: 400;\">&#8212;<\/span> <span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><b>They are the No.1 branded e-vapor company in China, capturing 48.0% and 62.6% of the market share of closed-system e-vapor products in terms of retail sales value in 2019 and the nine months ended September 30, 2020, respectively, according to the CIC Report.<\/b><span style=\"font-weight: 400;\"> The company is <\/span><b>seeking a market cap of $12.4b-$15.5b <\/b><span style=\"font-weight: 400;\">based on the $8-$10 range.<\/span><\/p>\n<p><b>Link to Prospectus: <\/b><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1828365\/000104746921000095\/a2242770zf-1a.htm\"><b>Terms Added: 1-15-21<\/b><\/a><\/p>\n<p><span style=\"text-decoration: underline;\"><b>DEBUTING FRIDAY (1\/22)<\/b><\/span><\/p>\n<p><b>Patria Investments Limited (PAX) <\/b><span style=\"font-weight: 400;\">&#8212;<\/span> <span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><b>They are one of the leading private markets investment firms in Latin America in terms of capital raised, with over US$7.8 billion raised in the past five years.<\/b><span style=\"font-weight: 400;\"> The company is <\/span><b>seeking a market cap of $725m-$828m<\/b><span style=\"font-weight: 400;\"> based on the $14-$16 range.<\/span><\/p>\n<p><b>Link to Prospectus: <\/b><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1825570\/000119312521008530\/d105401df1a.htm\"><b>Terms Added: 1-14-21<\/b><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The euphoric finish to 2020 has officially carried over to 2021 with a trio of IPOs that opened +75% or higher.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[2058,1536],"tags":[],"class_list":["post-16931","post","type-post","status-publish","format-standard","hentry","category-spotlight","category-subscriber-content"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/16931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=16931"}],"version-history":[{"count":2,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/16931\/revisions"}],"predecessor-version":[{"id":16934,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/16931\/revisions\/16934"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=16931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=16931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=16931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}