{"id":3594,"date":"2017-12-15T15:36:21","date_gmt":"2017-12-15T20:36:21","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=3594"},"modified":"2017-12-15T16:15:05","modified_gmt":"2017-12-15T21:15:05","slug":"ipo-weekly-recap-price-sensitivity-plays-major-role-in-ipo-market-this-week","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/ipo-weekly-recap-price-sensitivity-plays-major-role-in-ipo-market-this-week\/","title":{"rendered":"IPO Weekly Recap: Price Sensitivity plays major role in IPO market this week"},"content":{"rendered":"

Place more than four decades of experience on your team. We use a combination of underwriter contacts, global sources and contacts at large institutional funds to provide the <\/span>TRUEST<\/b> picture of how an IPO is shaping up prior to its debut. We are on <\/span>your team. <\/b>Additionally, we provide comprehensive research to outline short and long term risks of the new companies\u2026.. <\/span>A full-service firm! <\/b><\/em><\/p>\n

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The IPO market was price sensitive in nature as both of the deals that came to market needed to be heavily re-worked… prior to their respective debuts.<\/p>\n

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

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

Casa Systems (CASA) <\/b>reduced its share size from 8.4mm to 6.0mm and priced at $13.00 — two dollars below the initial $15-$17 range. This cut appeased investors as \u2018CASA\u2019 opened at $13.50 or 3.8% above the offering price. CASA traded very well in its opening session hitting an intraday high of $15.13 for a gain of 16.4% at top-tick. As evidenced by our downgrade…and then subsequent upgrade\u2026 we were on the pulse of this deal as the engineering of this offering played a big role in investor demand.<\/span><\/p>\n

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

Newmark Group (NMRK) <\/b>did not have the same warm reception. Newmark Group reduced its share size from 30.0mm to 20.0mm shares and priced at $14.00 or five dollars below the initial $19-$22 range. NMRK\u2019s opening trade was $14.05 and the deal broke the offering price within minutes. NMRK traded as low as $13.72 before rebounding toward the offering price.<\/span><\/p>\n

Looking ahead to this week…there are four\u00a0IPOs on the schedule, click on each logo for a preview:<\/span><\/p>\n

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

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

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

 <\/p>\n

 <\/p>\n

 <\/p>\n

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

 <\/p>\n

 <\/p>\n

 <\/p>\n

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

Place more than four decades of experience on your team. We use a combination of underwriter contacts, global sources and contacts at large institutional funds to provide the TRUEST picture of how an IPO is shaping up prior to its debut. We are on your team. Additionally, we provide comprehensive research to outline short and[…]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"quote","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":[],"class_list":["post-3594","post","type-post","status-publish","format-quote","hentry","category-ipo","category-weekly-recap","post_format-post-format-quote"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3594","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=3594"}],"version-history":[{"count":3,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3594\/revisions"}],"predecessor-version":[{"id":3599,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3594\/revisions\/3599"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=3594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=3594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=3594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}