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Climb high, fall hard: Recent IPOs have tumbled from their 2021 highs

VRM

2022 IPO activity has been weighed down by poor returns and volatility, grinding to a halt in late February. Many of the best-performing IPOs in recent years have been hit hardest by the recent sell-off. Over two thirds of IPOs since 2019 (530 of 775) are down 50% or more from their 52-week highs. Now that the sky-high prices of last year’s IPO boom have come back down to...read more

US IPO Weekly Recap: Biotechs pop and Robinhood flops in a record 20 IPO week

ICVX

The 2021 US IPO market continues to break records. 20 IPOs went public this past week, the most in a single week since the year 2000. New filers have slowed ahead of the August lull, with just one IPO submitting an initial filing. Three issuers postponed, citing either volatility or market conditions: vehicle battery maker Clarios International (BTRY), specialty...read more

Wood pellet grill company Traeger prices IPO at $18 high end

COOK

Traeger, which makes premium backyard wood pellet grills, raised $424 million by offering 23.5 million shares (63% secondary) at $18, the high end of the range of $16 to $18. Traeger is a category leader of the wood pellet grill, an outdoor cooking system that ignites all-natural hardwoods to grill, smoke, bake, roast, braise, and barbecue. Its grills can be used to create...read more

US IPO Week Ahead: Robinhood’s billion-dollar deal headlines a 25 IPO week

HOOD

Updated Monday, 7/26. After another week of record activity, the IPO market is expected to remain hot with 25 IPOs scheduled for the week ahead. If all scheduled IPOs begin trading as expected, it would be the busiest week for the US IPO market in more than two decades. Long-awaited retail brokerage Robinhood Markets (HOOD) plans to raise $2.2...read more