HOOD News

In 2021, 27 IPOs raised $1 billion or more, the biggest-ever crop of billion-dollar IPOs in a single year. While the largest issuers have historically outperformed the broader group average, that is not the case for 2021 IPOs. Of last year's 27 billion-dollar deals, just three are trading above issue (11%), and the group averages a -40% return, below the total 2021 average of -33%...read more

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

After a challenging several months, the Renaissance IPO Index gained 7.8% on Monday, capping off a tumultuous January with its best performing day since March 2020. The Renaissance IPO Index (IPOUSA) is a basket of the largest and most liquid IPOs over the past three years tracked by the IPO ETF (NYSE: IPO). It currently contains 107 constituents that span eight sectors, and more...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