Upland Software (UPLD), which offers a suite of acquired cloud-based enterprise work management software, dropped 19% on its debut, giving it the 10th worst first day performance for a technology IPO in the past 10 years. Upland priced at the low end of the...read more
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...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...read more
HubSpot, which provides a cloud-based marketing automation platform to SMBs, raised $125 million by offering 5 million shares at $25, above the upwardly revised range of $22 to $24. HubSpot plans to list on the NYSE under the symbol HUBS. HubSpot initially...read more
Upland Software faces uphill battle: 10th worst first day return for a tech IPO in 10 years
Upland Software (UPLD), which offers a suite of acquired cloud-based enterprise work management software, dropped 19% on its debut, giving it the 10th worst first day performance for a technology IPO in the past 10 years. Upland priced at the low end of the...read more
US IPO Pricing Recap: Mixed returns among week's 7 IPOs despite market selloff
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...read more
MOL money, MOL problems: E-payment provider has worst 1st-day return in over 10 years
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...read more
HubSpot prices IPO at $25, above the upwardly revised range
HubSpot, which provides a cloud-based marketing automation platform to SMBs, raised $125 million by offering 5 million shares at $25, above the upwardly revised range of $22 to $24. HubSpot plans to list on the NYSE under the symbol HUBS. HubSpot initially...read more