{"id":268,"date":"2015-02-10T08:53:21","date_gmt":"2015-02-10T13:53:21","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=268"},"modified":"2015-02-10T08:54:08","modified_gmt":"2015-02-10T13:54:08","slug":"ipoboutique-brief-2-10-2015-retaining-the-pop","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/ipoboutique-brief-2-10-2015-retaining-the-pop\/","title":{"rendered":"IPOBoutique Brief 2.10.2015 – Retaining the Pop"},"content":{"rendered":"

Coupons.Com<\/strong> went public on March 7 to very strong public demand. $COUP priced 10.5 million shares at $16.00 and opened 70% higher with a first trade of $27.15. The stock’s intra-day, $33.00, high happened on day one.By early August, the deal was trading below its offering price and on Monday the company reported dismal earnings<\/a><\/strong> which has sent the stock more tumbling by more than 30%.<\/p>\n

Instant sell-offs among new issues who have seen high demand has been common practice. See the likes of Castlight Health (Nasdaq: CSLT)<\/strong>, Wayfair (NYSE: W)<\/strong> or even some recent ones like Freshpet (Nasdaq: FRPT)<\/strong> &\u00a0 Shake Shack (NYSE: SHAK)<\/strong>.<\/p>\n

By the way, Shake Shack was handed a $21 price target as recently as Monday.<\/p>\n

\n

Longbow’s Alton Stump initiates Shake Shack (SHAK) with Underperform and a dismal $21\/sh PT this morning<\/p>\n<\/blockquote>\n

Investors find new issues enticing because of the large volatility. Certain IPOs seem to catch fire (see GoPro (Nasdaq: GPRO<\/strong>) & Arista Networks (NASDAQ: ANET<\/strong>)) and head to the moon.<\/p>\n

“I think we see increased volatility in the aftermarket due to underwriters creating some very aggressive pricings as well as investors thirst for ‘fast-money’,” senior managing partner at IPOBoutique.Com Scott Sweet said.<\/p>\n

Inovalon Increases Range<\/h2>\n

Inovalon Holdings (Nasdaq: INOV)<\/a><\/strong> increased its range in a S-1 Amendment on Tuesday morning. The deal’s range has increased from $21-$24 to $24-$26. That would be a cash raise increase from $521.7 million to $555 million, or 6.3%, if the offering was priced at the mid-point of the range.<\/p>\n

IPOBoutique.Com provides comprehensive research, ratings and daily advisories on new issues hitting the IPO market. To subscribe to IPOBoutique\u2019s service: click here. <\/a><\/em><\/p>\n

\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Coupons.Com went public on March 7 to very strong public demand. $COUP priced 10.5 million shares at $16.00 and opened 70% higher with a first trade of $27.15. The stock’s intra-day, $33.00, high happened on day one.By early August, the deal was trading below its offering price and on Monday the company reported dismal earnings[…]<\/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":[124,119,121,122,123,109,30,120],"class_list":["post-268","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-anet","tag-coup","tag-cslt","tag-frpt","tag-gpro","tag-inov","tag-shak","tag-w"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/268","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=268"}],"version-history":[{"count":2,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/268\/revisions"}],"predecessor-version":[{"id":270,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/268\/revisions\/270"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}