{"id":710,"date":"2015-06-27T09:32:02","date_gmt":"2015-06-27T13:32:02","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=710"},"modified":"2015-06-27T09:38:58","modified_gmt":"2015-06-27T13:38:58","slug":"seres-therapeutics-with-serious-gains-ipo-weekly-recap-6-27-2015","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/seres-therapeutics-with-serious-gains-ipo-weekly-recap-6-27-2015\/","title":{"rendered":"Seres Therapeutics with Serious Gains – IPO Weekly Recap 6.27.2015"},"content":{"rendered":"

This past week eleven IPOs debuted, three updated terms and ten new deals were filed.<\/span><\/p>\n

The busiest calendar week thus far in 2015 for the IPO market saw a pair of company\u2019s amass very large gains. The biggest of the bunch was Seres Therapeutics (Nasdaq: MCRB) <\/b>which priced $1.00 above range, $18.00, and opened for first trade at $28.50. \u2018MCRB\u2019 traded absurdly well as the new issue closed at a first-day high of $51.40 or 186% above the offering price. Glaukos Corporation (NYSE: GKOS) <\/b>priced at $18.00, $1.00 above an already upwardly-revised range, and opened 62% higher with a first trade of $29.11. \u2018GKOS\u2019 maintained its initial pop for the most part and closed its first week as a publicly traded company at $28.00. Alarm(.)com (Nasdaq: ALRM)<\/b> priced its offering at the mid-point of the range, $14.00, and opened $2.05 higher for a 15% gain. \u2018ALRM\u2019 traded as high as $17.88 or 28% above the offering price on day one. Transunion (NYSE: TRU) <\/b>priced toward the high end of the range, $22.50, and opened at $24.62\u20149% above the offering price.\u00a0 Catabasis Pharmaceutics (Nasdaq: CATB) <\/b>priced $1.00 below the offering price and opened with a $0.74 premium. \u2018CATB\u2019 added to its gains in the aftermarket and closed the week at $13.47 or 12% above the offering price. \u00a0Appfolio\u2019s (Nasdaq: APPF) <\/b>IPO failed to collect a sizeable premium upon opening but fired up in the aftermarket. \u2018APPF\u2019 opened $0.15 above the $12.00 offering price but traded to a high of $14.87 within its first few hours of trading. Appfolio closed the week at $14.08 or 17% above the offering price. Xactly Corporation (Nasdaq: XTLY) <\/b>used pinpoint pricing to have success in its IPO. After pricing its deal $2.00 below the range at $8.00, \u2018XTLY\u2019 opened flat but soon after traded to a high of $10.09 or 26% above the IPO price. \u2018XTLY\u2019 closed week number one at $8.70. <\/span><\/p>\n

(Click to expand)<\/p>\n

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

It should be noted that a deal that was expected to price this week, CNX Coal Resources (NYSE: CNXC)<\/b>, re-filed terms<\/a> on Friday and the underwriters now list the status of this IPO as ‘day-to-day’. We believe that ‘CNXC’ could ‘likely’ come next week. In addition, a deal that was expected this week, Wayne<\/b> Farms (Nasdaq: WNFM) <\/b>did not price and was postponed due to the company\u2019s decision not to bring the company public at the price the market was willing to pay. <\/span><\/p>\n

Looking ahead to this week, there are four IPOs on the schedule in the holiday-shortened week and we are hearing early, positive street chatter about…<\/span><\/p>\n

SUBSCRIPTION NEEDED<\/a><\/p>\n

IPO Schedule – Week of June 29<\/a><\/h2>\n

As mentioned earlier, this week is a holiday-shortened week for the stock market due to the Friday observance of the Fourth of July\u2014which is technically Saturday<\/span><\/span>. All of us here at IPOBoutique hope you have a safe and wonderful ‘Fourth’. We truly appreciate your business and hope you find our service valuable to your investment portfolio.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

This past week eleven IPOs debuted, three updated terms and ten new deals were filed. The busiest calendar week thus far in 2015 for the IPO market saw a pair of company\u2019s amass very large gains. The biggest of the bunch was Seres Therapeutics (Nasdaq: MCRB) which priced $1.00 above range, $18.00, and opened for[…]<\/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":[491,492,493,494,496,499,501,502,503],"class_list":["post-710","post","type-post","status-publish","format-standard","hentry","category-ipo","category-weekly-recap","tag-alrm","tag-appf","tag-catb","tag-cnxc","tag-gkos","tag-mcrb","tag-tru","tag-wnfm","tag-xtly"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/710","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=710"}],"version-history":[{"count":4,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/710\/revisions"}],"predecessor-version":[{"id":717,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/710\/revisions\/717"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}