BROS News

More consumers are dining out and restaurants are looking to cash in. Last week, the moribund IPO market got a boost from fast-casual Mediterranean chain CAVA Group (CAVA), whose $100 million filing makes it the first sizable restaurant to join the IPO pipeline since November 2021, when Brazilian steakhouse chain Fogo Hospitality (FOGO) filed...read more

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

The IPO market set new records in 2021, but a recent sell-off has walloped new issuers across nearly every sector over the past 90 days and 30 days. The sole sector with positive average returns, energy has produced just two IPOs since 2021, one of which was acquired shortly after its IPO (VEI). The remaining issuer, Aris Water Solutions (ARIS), averages a...read more

2021 went down as a historic year for the IPO market, with both activity and proceeds reaching record levels. A lesser-known record: the explosion of early lock-up provisions. In effect, IPO insiders are now able to cash out earlier than ever. Key takeaways

• Once rare, early lock-up provisions exploded in 2021
• Tech IPOs account for most early...read more