{"id":2242,"date":"2017-05-26T10:59:58","date_gmt":"2017-05-26T14:59:58","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=2242"},"modified":"2017-05-26T16:40:18","modified_gmt":"2017-05-26T20:40:18","slug":"ipo-weekly-summary-5-22-17-5-26-17","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/ipo-weekly-summary-5-22-17-5-26-17\/","title":{"rendered":"IPO Weekly Summary – (5.22.17 – 5.26.17)"},"content":{"rendered":"

It was a week where two of the three IPOs that came to market came from the technology sector. Additionally, price sensitivity played a role as two deals priced severely below their original range. The average gain at first trade for the IPOs was 9.3%.\u00a0<\/span><\/p>\n

(click to enlarge)<\/p>\n

\"Screen<\/a><\/p>\n

Appian Corporation (NASDAQ: APPN)\u00a0…<\/b>a leading low-code software development platform as a service that enables organizations to rapidly develop powerful and unique applications….had one of the strongest debuts for the entire month of May. ‘APPN’ priced in the $11.00-$13.00 range at $12.00 and opened with a $3.00 premium or 25% higher. Appian Corporation rallied into the close on Friday and closed at $17.11 or 42.6% above its offering price.<\/p>\n

SMART Global Holdings (NASDAQ: SGH)<\/b>, a\u00a0a global leader in specialty memory solutions, serving the electronics industry for over 25 years….priced $2.00 below the $13.00-$15.00 range ($11.00) and opened at $12.00 or\u00a09% higher. \u00a0<\/span><\/p>\n

Cable provider,\u00a0<\/strong><\/span>WideOpenWest (NYSE: WOW),<\/b> priced $3.00 below the $20.00-$22.00 range and opened $1.00 under the offering price or 5.9% lower. Within thirty minutes, however, it rebounded and traded above the offering price temporarily in its opening day before having a strong close to the week on Friday. ‘WOW’ traded as high as $18.00 and closed the week at $17.55 or 3.2% above its $17.00 offering price.<\/span><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

It was a week where two of the three IPOs that came to market came from the technology sector. Additionally, price sensitivity played a role as two deals priced severely below their original range. The average gain at first trade for the IPOs was 9.3%.\u00a0 (click to enlarge) Appian Corporation (NASDAQ: APPN)\u00a0…a leading low-code software[…]<\/p>\n","protected":false},"author":2,"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":[24],"tags":[1182,1192,1129],"class_list":["post-2242","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-appn","tag-sgh","tag-wow"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2242","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=2242"}],"version-history":[{"count":5,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2242\/revisions"}],"predecessor-version":[{"id":2248,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2242\/revisions\/2248"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=2242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=2242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=2242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}