{"id":2681,"date":"2017-07-21T20:54:56","date_gmt":"2017-07-22T00:54:56","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=2681"},"modified":"2017-07-21T20:54:56","modified_gmt":"2017-07-22T00:54:56","slug":"ipo-weekly-recap-petiq-outperforms-three-strong-deals-for-the-week","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/ipo-weekly-recap-petiq-outperforms-three-strong-deals-for-the-week\/","title":{"rendered":"IPO Weekly Recap: PetIQ outperforms, three strong deals for the week"},"content":{"rendered":"

This past week four deals came to market with three of them gaining more than $1.50 above their offering prices at first trade.<\/p>\n

\"IPOSummary.07.21.17\"<\/a><\/p>\n

PetIQ, Inc. (Nasdaq: PETQ) <\/b>turned out to be the strongest deal of the week after upsizing its offering and pricing at the high-end of the range, $16.00. PETQ opened with a $5.00 premium at first trade for a 31.3% gain. $PETQ traded and closed near its highs, $23.32, for a gain of 46% for its opening session.<\/span><\/p>\n

Kala Pharmaceuticals (Nasdaq: KALA) <\/b>priced at the midpoint of its range, $15.00, and opened 13.2% higher with a first trade of $16.70. \u2018KALA\u2019 traded very well in its first few days as a public company as the biotech hit a weekly high of $19.44 or 29.6% above the offering price. <\/span><\/p>\n

Calyxt Inc. (Nasdaq: CLXT)<\/b> needed to severely cut its price, ultimately pricing $7.00 below the $15-$18 range when filed. The deal, which was slightly upsized, opened $1.50 above the $8.00 pricing and traded as high as $11.88 in its first week. <\/span><\/p>\n

The other deal of the week, <\/span>TPG RE Finance Trust (NYSE: TRTX)<\/b>, came and went with little fanfare as TRTX opened $0.40 below the $20.00 low-end pricing. $TRTX never traded above the offering price in its opening week.<\/span><\/p>\n

Looking ahead to this week\u2026 there are four\u00a0IPOs on the schedule. Click here to look at the schedule for the upcoming week.<\/a><\/strong><\/p>\n

\n

 <\/p>\n

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If you indicate for IPOs or Secondary Offerings on a regular basis \u2014 place IPO Boutique on your team. Subscribe Today!<\/a><\/strong><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

This past week four deals came to market with three of them gaining more than $1.50 above their offering prices at first trade. PetIQ, Inc. (Nasdaq: PETQ) turned out to be the strongest deal of the week after upsizing its offering and pricing at the high-end of the range, $16.00. PETQ opened with a $5.00[…]<\/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":[1277,1268,1284,1183],"class_list":["post-2681","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-clxt","tag-kala","tag-petq","tag-trtx"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2681","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=2681"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2681\/revisions"}],"predecessor-version":[{"id":2683,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2681\/revisions\/2683"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=2681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=2681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=2681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}