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YETI News

October's winners & losers: Growth IPOs still flying high

ESTC

Despite the market sell-off, the October IPO market was relatively active with 22 deals, and strong returns. The month's best-performing IPOs were relatively...read more

US IPO Weekly Recap: Billion-dollar StoneCo IPO pops 30% despite market turmoil

STNE

The markets sold off, but IPOs continued to get done, with four deals raising $1.5 billion. High-growth Brazilian payments company StoneCo (STNE) even priced its $1.1 billion offering above the range, and then flew up 30%. Cooler company YETI Holdings (YETI) had a chilly reception, and two small pre-bought deals, a Chinese fintech and...read more

A chilly response: YETI Holdings prices downsized IPO at $18, below the range

YETI

YETI Holdings, which designs and sells premium branded outdoor equipment, raised $288 million by offering 16 million shares (16% primary) at $18, below the range of $19 to $21. The primary share offering was unchanged, but insiders sold 4 million fewer shares than expected. On Wednesday, the S&P 500 Index declined 3.1%, and the Renaissance IPO Index declined 4.0% YETI...read more

YETI: Safe From Grizzlies

YETI

Founded in 2006 by two brothers and avid outdoorsmen to address the void in durable high-performance coolers for hunting and fishing, YETI (YETI) has become a premium lifestyle brand and successfully carved out a niche within the outdoor equipment market. Following several operational missteps that ultimately led to management scrapping plans for a July 2016 IPO, YETI has...read more