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US IPO Weekly Recap: Three micro-cap companies delay IPOs during election week

WRD

As many as three micro-cap companies could have listed on US exchanges in the past week, but none managed to price. They are now scheduled for the week ahead. The long-awaited US election likely deterred offerings, while the Thanksgiving holiday will dampen issuance for the remainder of the...read more

Trump's plan to lower corporate tax rates could benefit many small/mid-cap IPOs

CWH

Lowering corporate taxes has been at the top of the Trump agenda and, under a Republican controlled legislature, it is possible that a change in tax policy can be accomplished in the next few years. The details: The proposal is to lower corporate tax rates from the current 35% to 15%. Of course, many large-cap global companies are able to tax arbitrage and pay...read more

US IPO Weekly Recap: 8 offerings average 38% returns in year's busiest week for IPOs

TTD

class="">Eight companies went public in the year’s most active week. Three priced above the range and each finished above its IPO price (average return of 38%). Biotech Novan and ad-tech platform The Trade Desk led the group with a 67% and 65% first day pop, respectively. After disinterest earlier in the year, the IPO market is finally showing signs of strong initial deman...read more

Two deals pop over 60%, a strong start to 2016's most active week of IPOs

TTD

The Trade Desk (TTD) popped 67% on Tuesday, the second-best pop from an IPO in 2016, while Novan (NOVN) took the #3 spot with a first-day pop of 65%. An impressive trade: Trade Desk up 67% The Trade Desk (TTD) surged 67% on Tuesday, giving it the year's second-best pop behind the +92% achieved by...read more