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JD.com Plans To Kickstart Hong Kong IPO As US-Listed Chinese Firms Increasingly Look Toward Home
Tuesday, May 12, 2020 - 11:26am | 771Following in the footsteps of its bigger rival Alibaba Group Holding Ltd – ADR (NYSE: BABA), JD.Com Inc (NASDAQ: JD) is planning to test the IPO waters in Hong Kong very soon, if reports are to be believed. Alibaba undertook a secondary listing of its shares in the Hong Kong market late...
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Former Nasdaq CEO On IPO Debacle: Companies Need To Show Path To Profitability
Monday, October 7, 2019 - 2:54pm | 606The IPO market has cooled off in the third quarter, and newly listed companies aren't faring well either, portending the worst market since 1995. A few companies have also called off plans for public listings, citing bad market timing. Sour Statistics The third quarter saw 39 IPOs that raised...
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Investing In IPOs Before They Become Tradable
Friday, October 4, 2019 - 12:12pm | 380Benzinga is highlighting nominees for the fifth annual Benzinga Global Fintech Awards ahead of the event Nov. 19 in New York City. One nominee is ClickIPO Securities, LLC, a utility for distributing initial public and secondary offerings. Background Founded in 2011, the Phoenix-based broker-...
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A Halftime Report Of The IPO Market In 2019
Monday, July 1, 2019 - 4:15pm | 1035After a sluggish start to the year, IPO activity picked up momentum in the second quarter both in terms of the number and value of deals. The U.S. government shutdown that lasted for 34 days through Jan. 25 was partly to be blamed for the first quarter slackness. A Searing Second Quarter The number...
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2019: A Record Year For IPOs?
Monday, April 8, 2019 - 2:19pm | 1088Renaissance Capital's early 2019 research portended good things for the IPO market. In January, the financial firm cited a “large backlog” of U.S. IPOs that grew during the federal shutdown. In February, it found more than 220 private companies looking to go public ...
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Class Of 2008 IPOs: Where Are They Now?
Saturday, March 2, 2019 - 10:55am | 922The IPO market is off to a lackluster start in 2019, with one culprit being the federal government shutdown — which halted public listings. 2018 was a better year for IPOs, with 190 companies going public and $47 billion in proceeds raised, about 32 percent higher than in 2017,...
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The Unicorns Most Likely To Test IPO Waters In 2019
Sunday, December 23, 2018 - 10:55am | 1068Despite a rough fourth quarter, 2018 was a robust year for U.S. IPOs, with deal numbers and proceeds rising 19 percent and 32 percent, respectively, to 190 and $47 billion, according to IPO investment manager Renaissance Capital. The firm attributed the buoyancy to abundant health care, tech and...
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How Russia Prepared Renaissance Capital Co-Founder Boris Jordan For The Cannabis Industry
Wednesday, December 5, 2018 - 10:45am | 1260Curaleaf Holdings Inc (OTC: CURLF) has become one of the largest cannabis companies in the U.S., with 33 dispensaries, 12 cultivation sites and 10 processing facilities across 12 states. Marijuana's federal illegality in the U.S. has led Curaleaf and and several other...
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The Dropbox IPO: Everything You Need To Know
Wednesday, March 14, 2018 - 10:16am | 924File sharing and storage company Dropbox priced its IPO through an amendment made Monday to its Feb. 23 S-1 filing. This year could bring a number of tech IPOs, with a deep bench of tech unicorns that prepared for years for public offerings, according to IPO expert Renaissance Capital. Low...
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7 Big Companies That Could Tap The IPO Markets In 2018
Thursday, February 22, 2018 - 12:17pm | 1395A breakout year for IPO has yet to materialize after the stellar showing in both 2013 and 2014. The performance in 2017 can at best be qualified as lukewarm — despite the record run of the equity markets. IPOs could become easier, gaccording to a report in the Wall Street Journal Thursday...
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Citi: Market Leader Blue Apron Could Reach $10 Per Share Over The Next Year
Tuesday, July 25, 2017 - 1:24pm | 382While Blue Apron Holdings Inc (NYSE: APRN) is trading beneath its IPO pricing of $10, it’s the market leader in the $2.5 billion meal kit sector, Citi analyst Mark May said Tuesday. Citi initiated Blue Apron with a Buy and high-risk rating, as well as a $10 price target. Blue Apron’s...
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IPO Market Back On Track: ETFs To Tap
Wednesday, July 12, 2017 - 2:51pm | 1390After several lackluster quarters, the U.S. IPO market gained momentum in the second quarter of 2017, with 52 companies completing their IPOs raising nearly $11 billion. This marks the most active quarter in two years as per IPO research intelligence Renaissance Capital. The number is well above 25...
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Meet This Week's IPOs: A Biotech, A BDC And A Builder
Monday, June 12, 2017 - 2:58pm | 517After the lull in 2016, the IPO market was expected to pick up momentum in 2017. However, the performance thus far in 2017 has been lukewarm. The number of IPOs priced so far this year has been 64, while for the whole of 2016, about 105 IPOs were priced, according to statistics from Renaissance...
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7 Best Performing IPOs Of 2016
Monday, December 26, 2016 - 3:35pm | 580As companies such as Snap Inc. and Uber wait in the wings to test the IPO waters in the coming year, it is time to take stock of how those new to the market in 2016 fared Volumes, Value Down The performance of the U.S. IPO market in the year 2016 could best be termed as lukewarm. Data compiled...
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The Tech IPO Market Hasn't Been This Weak Since The Financial Crisis
Friday, October 14, 2016 - 10:40am | 380There have certainly been a handful of exciting tech IPOs in 2016. Investors have piled into names like Line Corp (ADR) (NYSE: LN), Twilio Inc (NYSE: TWLO) and Nutanix Inc (NASDAQ: NTNX). However, overall it has been an extremely slow year for tech IPOs. According to Renaissance Capital, the IPO...