{"id":19255,"date":"2021-05-21T18:05:04","date_gmt":"2021-05-21T22:05:04","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=19255"},"modified":"2021-05-21T18:05:04","modified_gmt":"2021-05-21T22:05:04","slug":"ipo-summary-oatly-procore-pop-and-trade-higher-in-debut","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/ipo-summary-oatly-procore-pop-and-trade-higher-in-debut\/","title":{"rendered":"IPO Summary: Oatly, Procore pop and trade higher in debut"},"content":{"rendered":"<p><b>Two IPOs debuted this week and both opened well in the black and traded very well.<\/b><\/p>\n<p><!--more--><\/p>\n<p><b><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2021\/05\/iposummary0521.png\"><img decoding=\"async\" class=\"alignnone size-medium wp-image-19256\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2021\/05\/iposummary0521-300x43.png\" alt=\"\" width=\"300\" height=\"43\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2021\/05\/iposummary0521-300x43.png 300w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2021\/05\/iposummary0521-600x87.png 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2021\/05\/iposummary0521-1024x148.png 1024w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2021\/05\/iposummary0521-768x111.png 768w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2021\/05\/iposummary0521.png 1212w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/b><\/p>\n<p><b>Oatly Group AB (OTLY) <\/b><span style=\"font-weight: 400;\">priced a full-size deal, 84.4mm shares, at the high-end of the range, $17.00, and <\/span><b>opened at $22.12 for a gain of 30.1% at first trade.\u00a0<\/b>The Oprah Winfrey-backed company traded as high as $23.25 and closed the week at $22.46.<\/p>\n<p><b>Procore Technologies Inc (PCOR) <\/b><span style=\"font-weight: 400;\">priced a full-size deal, 9.47mm shares, at $67.00 ($2 Above the Prevailing $60-$65 range) and <\/span><b>opened at $84.00 for a gain of 25.4% at first trade. The stock hit a first week high of $91.81<\/b> before closing Friday at $88.62.<\/p>\n<p>Looking ahead to this week&#8230;there are three IPOs on the schedule.<\/p>\n<p><strong>Debuting Wednesday (5\/26)<\/strong><\/p>\n<ul>\n<li><b>Flywire Corporation (FLYW) &#8212; <\/b><b>Flywire is a leading global payments enablement and software company. <\/b><span style=\"font-weight: 400;\">The company is seeking a market cap of $2.2b-$2.4b based on the $22-$24 range.<\/span><\/li>\n<li><b>Paymentus Holdings, Inc. (PAY) &#8212; <\/b><b>Paymentus is a leading provider of cloud-based bill payment technology and solutions. <\/b><span style=\"font-weight: 400;\">The company is seeking a market cap of $2.2b-$2.4b based on the $19-$21 range. <\/span><\/li>\n<\/ul>\n<p><strong>Debuting Thursday (5\/27)<\/strong><\/p>\n<ul>\n<li><strong>FIGS Inc (FIGS)<\/strong> &#8212; <b>\u00a0They are a founder-led, direct-to-consumer healthcare apparel and lifestyle brand that seeks to celebrate, empower and serve current and future generations of healthcare professionals. <\/b><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The company is seeking a market cap of $2.6b-$3.1b based on the $16-$19 range.<\/span><\/span><br \/>\n<hr \/>\n<\/li>\n<\/ul>\n<p>Interested in hearing color, commentary and ratings on IPOs from the experts? We have you covered for as little as $75\/week.<\/p>\n<p><a href=\"https:\/\/www.ipoboutique.com\/blog\/register\/\"><strong>https:\/\/www.ipoboutique.com\/blog\/register\/<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two IPOs debuted this week and both opened well in the black and traded very well.<\/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":[1536],"tags":[],"class_list":["post-19255","post","type-post","status-publish","format-standard","hentry","category-subscriber-content"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/19255","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=19255"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/19255\/revisions"}],"predecessor-version":[{"id":19257,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/19255\/revisions\/19257"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=19255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=19255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=19255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}