MOLG News

7 IPOs collectively raised just over $1 billion in a volatile week for stocks. The IPO market has seen 223 deals year-to-date, surpassing 2014's full-year post-bubble record of 222 (post to Twitter). Marketing SaaS provider HubSpot (HUBS) was the only IPO to price above the midpoint, and it and Diplomat Pharmacy (DPLO) posted the top returns for...read more

Three of the five IPOs on Thursday ended below their offer price as the group averaged -3%, signaling choppy waters in the IPO market. MOL Global loses 35% on its debut and two more IPOs break issue MOL Global (MOLG), a Malaysian provider of online payment services mainly used for game credits, priced at the low end of its proposed range and plummeted 35%, giving it...read more

MOL Global, a Malaysian provider of online payment services mainly used for game credits, raised $169 million by offering 13.5 million shares (45% insider) at $12.50, the low end of the $12.50 to $14.50 range. MOL Global will list on the NASDAQ under the symbol MOLG. Citi, Deutsche Bank and UBS Investment Bank acted as joint bookrunners on the deal....read more

Eight initial public offerings are expected to raise $1.3 billion during the week of October 6, 2014, representing a well-rounded group of tech, finance, health care, consumer, and energy IPOs. After uninspiring performance from ...read more