• Driven by a surge in tech, all 5 IPOs traded up 30% or more (44% avg.) • Tech is by far the year's best IPO sector, averaging 30% vs. 4% for non-tech • AXA Equitable launched its $3.5 billion IPO, the largest since Alibaba in 2014 •...read more
nLight, a leading manufacturer of high-power semiconductor and fiber lasers, raised $96 million by offering 6.0 million shares at $16, above the proposed range. The company raised 27% more proceeds than anticipated; it originally filed to offer 5.4 million...read more
Six companies are scheduled to raise a combined $1.3 billion in the week ahead. Digital signature unicorn DocuSign (DOCU) headlines the week, combining high sales, fast growth and positive cash flow. It, Ceridian HCM (CDAY) and Smartsheet (SMAR) are...read more
What 2018’s IPOs Tell Us About 2H18
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US IPO Weekly Recap: DocuSign leads tech wave as IPO market hits 5 homeruns
• Driven by a surge in tech, all 5 IPOs traded up 30% or more (44% avg.) • Tech is by far the year's best IPO sector, averaging 30% vs. 4% for non-tech • AXA Equitable launched its $3.5 billion IPO, the largest since Alibaba in 2014 •...read more
nLight prices upsized $96 million IPO above the range at $16
nLight, a leading manufacturer of high-power semiconductor and fiber lasers, raised $96 million by offering 6.0 million shares at $16, above the proposed range. The company raised 27% more proceeds than anticipated; it originally filed to offer 5.4 million...read more
US IPO Week Ahead: DocuSign leads tech IPO surge in 6-deal week
Six companies are scheduled to raise a combined $1.3 billion in the week ahead. Digital signature unicorn DocuSign (DOCU) headlines the week, combining high sales, fast growth and positive cash flow. It, Ceridian HCM (CDAY) and Smartsheet (SMAR) are...read more