{"id":3085,"date":"2017-09-29T19:49:04","date_gmt":"2017-09-29T23:49:04","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=3085"},"modified":"2017-09-29T19:49:04","modified_gmt":"2017-09-29T23:49:04","slug":"ipo-weekly-recap-roku-rips-in-opening-week-bios-shine-bright-at-first-trades","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/ipo-weekly-recap-roku-rips-in-opening-week-bios-shine-bright-at-first-trades\/","title":{"rendered":"IPO Weekly Recap: Roku rips in opening week, bios shine bright at first trades\u2019"},"content":{"rendered":"

It was a very strong week for the IPO market as six IPOs came to market…three closing the week more than 35% above their respective offering prices.<\/span><\/p>\n

\"IPOSummary092917\"<\/a>\"RokuLogo\"<\/a><\/p>\n

The best deal this week was the Roku Inc. (ROKU) <\/b>offering. The deal, according to our sources, had some initial push-back, but ended up pricing at the high end of the $12-$14 range with strong demand. The demand in the aftermarket was even more extreme as Roku more than doubled in its first two trading sessions. Roku closed Friday’s session at $26.54 or 90% above the $14.00 price.<\/p>\n

\"RYBEducationLogo\"<\/a>RYB Education Inc (RYB)<\/b> opened with a $5.68 premium above a $18.50 above range pricing. The Chinese education provider traded well and hit $27.60 at top tick — good for a 49.2% gain. RYB finished the week on a high…closing at $28.50 or 54% above the offering price.<\/p>\n

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

The three biotech offerings performed well at first trade as Nightstar Therapeutics (NITE), Deciphera Pharmaceuticals (DCPH)<\/b> and NuCana plc (NCNA)<\/b> opened with gains of 23%, 18% and 3%, respectively, at first trade. The NITE<\/b> offering had a surge in volume in the aftermarket at the close of its opening trading session and hit a high of $24.94 for a gain of 78% above the $14.00 offering price.<\/p>\n

\"PQGroupFinancials\"<\/a>It should be noted that the largest deal of the week, PQ Group Holdings (PQG)<\/b>, failed to work despite being priced $3.50 below the $21-$23 range. It continues to show the push-back for PE backed deals with leveraged balance sheets.<\/span><\/p>\n

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It was a very strong week for the IPO market as six IPOs came to market…three closing the week more than 35% above their respective offering prices. The best deal this week was the Roku Inc. (ROKU) offering. The deal, according to our sources, had some initial push-back, but ended up pricing at the high[…]<\/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":[],"class_list":["post-3085","post","type-post","status-publish","format-standard","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3085","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=3085"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3085\/revisions"}],"predecessor-version":[{"id":3087,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3085\/revisions\/3087"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=3085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=3085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=3085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}