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VEDU News

2022 IPOs with the largest first-day pops are now some of the worst performers

OST

So far in 2022, IPO activity has been dominated by small, volatile issuers. Of the year’s 51 pricings to date, 19 (37%) have soared 100% or more in their debuts, while one-in-ten have jumped at least 500%. But those with the largest first-day pops have posted some of the worst losses in the aftermarket. ...read more

Renaissance Capital's May IPO Market Update

BLCO

Seven IPOs raised a combined $1.1 billion in May, led by eyecare giant Bausch + Lomb (BLCO), one of the month’s three $100+ million IPOs. The group was joined by the year’s first direct listing, US cannabis producer Bright Green (BGXX). Remaining activity came from small issuers, ...read more

US IPO Weekly Recap: 1 small IPO and 1 direct listing begin trading

CRBG

There was just one small IPO and one direct listing this past week. Although there were no new IPO filings, a few large deals in the pipeline updated their prospectuses, including Corebridge Financial (CRBG), Turo (TURO) Fogo Hospitality (FOGO), and Claire’s (CLRS). After delaying the previous week,...read more

Tiny takeover: Small issuers account for over 60% of 2022 IPO activity

VEDU

Companies have broadly put listing plans on hold amid the worst IPO sell-off in over a decade, but small issuers are still on the move. So far, 21 of the year’s 34 IPOs (62%) have raised less than $50 million, the highest concentration in over a decade. Sub-$50 million IPOs have historically accounted for less than one-quarter of activity. Small issuers are on track to...read more