KIDS News

Growth IPOs are on a hot streak. This past week's IPOs continued the strong trading we've seen in the tech and health care sectors over the past 90 days. CarGurus and three medical device companies each had a strong debut, averaging a first-day pop of 45%. The Renaissance IPO Index is up 32% year to date. IPOs over the past 90 days are up 35% on average and 79% are trading...read more

OrthoPediatrics, which sells orthopedic devices specialized for children, raised $52 million by offering 4.0 million shares at $13, at the midpoint of the $12 to $14 range. At pricing, the company commands a fully diluted market cap of $157 million. OrthoPediatrics plans to list on the Nasdaq under the symbol KIDS. Piper Jaffray and Stifel acted as lead managers on the deal....read more

CarGurus leads the way with a $132 million offering in a week with four IPOs set to raise a combined $309 million. The online car marketplace is joined by two specialty medical device companies; a fourth company is commercializing a combination drug-device. The IPO market picked up on Friday with launches from database platform MongoDB (MDB), Tencent-backed...read more

OrthoPediatrics, which sells orthopedic implants designed for children, announced terms for its IPO on Monday. The Warsaw, IN-based company plans to raise $52 million by offering 4 million shares at a price range of $12 to $14. At the midpoint of the proposed range, OrthoPediatrics would command a market value of $157 million. OrthoPediatrics was founded in 2007 and...read more