{"id":2367,"date":"2017-06-16T19:33:52","date_gmt":"2017-06-16T23:33:52","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=2367"},"modified":"2017-06-16T20:05:01","modified_gmt":"2017-06-17T00:05:01","slug":"ipo-recap-athenex-up-25-in-opening-week","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/ipo-recap-athenex-up-25-in-opening-week\/","title":{"rendered":"IPO Recap: Athenex up 25+% in opening week"},"content":{"rendered":"

SIGN UP FOR IPO BOUTIQUE’S FREE NEWSLETTER<\/a><\/span><\/h3>\n

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Two IPOs came to market this week with mixed success.<\/p>\n

\"IPOSummary6.16.17\"<\/a><\/p>\n

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Athenex Inc (Nasdaq: ATNX)<\/strong> priced a full-size deal at the low-end of the range, $11.00, and opened with a $1.00 premium at first trade. The heavily insider-backed offering traded well in its opening week as \u2018ATNX\u2019 hit a first week high of $13.88 or 26.1% above the offering price. IPO Boutique rated the offering a ‘3’…or a moderate BUY…\u00a0and premium subscribers were kept in the loop with underwriter guidance along with our analysis.\u00a0Motif was a selling group in the Athenex offering and were able to offer investors of all size a piece of the ‘ATNX’ deal at the offering price. Click here to learn more about being a part of Motif offerings in the future.\u00a0<\/a><\/strong><\/p>\n

Below is the channel checks that helped clients indicate with confidence for the ATNX offering:<\/p>\n

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

The other initial public offering this past week was a business development corporation, TCG BDC, Inc. (Nasdaq: CGBD)<\/strong>, which opened 70-cents below the $18.50 offering price and never traded at the IPO price in its first week.<\/p>\n

One deal that was on the schedule this week, Avenue Therapeutics (Nasdaq: ATXI)<\/strong>, did not come as scheduled and the underwriters are currently labeling this deal as being in \u2018day-to-day\u2019 status.<\/p>\n

Looking ahead to this week, there are six\u00a0IPOs on the schedule. Click here for a preview of the upcoming week’s IPOs.<\/a><\/strong><\/p>\n

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IPO BOUTIQUE for your Syndicate Needs!<\/strong><\/span><\/p>\n

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What if you could take the guess work out of trading the syndicate calendar? Or what if you indicated for deals with the knowledge that large institutional funds are in the deal also?<\/div>\n
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IPO Boutique\u2019s vast network of underwriter contacts and sources can do just that! On the IPO side, it means research & daily color in conjunction with 45 years of IPO experience. For secondaries, our highest-level of client receives Alerts on all offering, re-offer ranges, ratings and color for any deal that is marketed more than an overnight-offering.<\/div>\n
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If you indicate for IPOs or Secondary Offerings on a regular basis — place IPO Boutique on your team. Subscribe Today!<\/a><\/strong><\/div>\n
<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

SIGN UP FOR IPO BOUTIQUE’S FREE NEWSLETTER   Two IPOs came to market this week with mixed success.   Athenex Inc (Nasdaq: ATNX) priced a full-size deal at the low-end of the range, $11.00, and opened with a $1.00 premium at first trade. The heavily insider-backed offering traded well in its opening week as \u2018ATNX\u2019[…]<\/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":[24,141],"tags":[1238,1261],"class_list":["post-2367","post","type-post","status-publish","format-standard","hentry","category-ipo","category-weekly-recap","tag-atnx","tag-cgbd"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2367","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=2367"}],"version-history":[{"count":4,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2367\/revisions"}],"predecessor-version":[{"id":2376,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2367\/revisions\/2376"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=2367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=2367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=2367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}