CFLT News

2022's broad sell-off in growth stocks has hit the IPO market especially hard, and last year’s best-performing IPOs are no exception. Of the top 10 best-performing IPOs at the end of last year, all but one have traded down in 2022, and half are now trading below issue. The table below contains the 10 names featured in our ...read more

16 IPOs went public in another active week for the IPO market, led by digital physicians network Doximity (DOCS), which soared 104% in its debut. The week’s IPOs were joined by four SPACs, as well as one postponement, Chinese social networking platform Soulgate (SSR). Doximity (DOCS) priced above the range to raise...read more

Confluent, which provides an enterprise platform that collects and processes real-time data streams, raised $828 million by offering 23 million shares at $36, above the range of $29 to $33. Insiders Coatue Management and Altimeter Capital had indicated on buying 3.5 million shares in the offering. Confluent states that it has pioneered a new category of data infrastructure...read more

Updated Monday, 6/21/21. 17 IPOs are scheduled to raise $6.3 billion in the week ahead, led by two billion-dollar deals. Chinese freight platform Full Truck Alliance (YMM) plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights,...read more