The IPO Buzz: MiniMed (MMED) Prices IPO at $20 – 20 Percent Below Range – & Stock Falls

MiniMed (MMED) priced its IPO at $20.00 – down 20 percent from $25.00, the low end of its range – and sold 28.0 million shares – the number in the prospectus – to raise $560 million on Thursday night, March 5, 2026. MiniMed is the first big IPO to get priced after the U.S. and Israel struck Iran on Saturday, Feb. 28, 2026. (Updates with MiniMed's NASDAQ close on Friday, March 6, 2026) ..

Read more March 6, 2026

IPO Calendar

Company Symbol proposed Lead Managers Shares (Millions) Price Low Price High Est. $ Volume Expected to Trade SCOOP Rating Rating Change
MiniMed Group, Inc. MMED Goldman Sachs/BofA Securities/Citigroup/Morgan Stanley/Barclays/Deutsche Bank Securities/Mizuho/Wells Fargo Securities/ 28.0 20.00 20.00 $ 560.0 mil 3/6/2026 Priced S/O S/O
FreeCast (Direct Listing) FCST Maxim Group (Financial Advisor) 19.8 0.00 0.00 $ 0.0 mil 3/10/2026 Tuesday S/O S/O
PayPay Corp. PAYP Goldman Sachs/J.P.Morgan/Mizuho/Morgan Stanley/Citigroup/Jefferies/BofA Securities/Societe Generale/Wolfe Nomura Alliance/Cantor/Credit Agricole CIB/Daiwa Capital Markets/Deutsche Bank Securities/Natixis/SMBC Nikko/Barclays/ING/IMI-Intesa Sanpaolo/MUFG/Santander 55.0 17.00 20.00 $ 1017.5 mil 3/12/2026 Thursday S/O S/O
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Last 100 IPOs - March 6, 2026

Number of IPOs priced : 100
Number Up: 55
Number Down: 40
Number Unchanged: 5
Percentage Change From Issue Price: -4.84%
Percentage Change for The Nasdaq Composite 35.22%

2026 IPO Scorecard - March 6, 2026

Number of IPOs priced (Excluding 50 units) : 32
Number Up: 18
Number Down: 11
Number Unchanged: 3
Total Return From Issue Price: 4.11%
The Nasdaq Composite Index YTD % Change 35.22%