The IPO Calendar is light this week as Wall Street celebrates Donald Trump’s victory in the U.S. presidential election, as Bloomberg reported. The Dow Jones Industrial Average jumped more than 1,000 points at the opening today – following through on the forecast from U.S. stock futures, which had rocketed higher while U.S. Treasury bond yields jumped. U.S. banks and investment banks expect much lighter regulation under Trump’s second administration. The Street also expects the Fed to cut benchmark U.S. interest rates again during its two-day meeting, which begins today – Wednesday, Nov. 6, 2024 – and concludes tomorrow afternoon on Thursday, Nov. 7, 2024, as Mint.com noted in its report.
Only four deals – two uplistings and two IPOs – are set for pricing, according to this week’s IPO Calendar. Two of those deals are micro-sized NASDAQ uplistings. A large SPAC IPO – Willow Lane Acquisition Corp. (WLACU Proposed) – aims to raise $110 million, while a tiny IPO – zSpace (ZSPC Proposed) – intends to raise $10.0 million, according to the IPO Calendar.
Stay tuned.
(For more information about these companies, please check the IPO Calendar and the individual IPO Profiles found on the IPOScoop.com website.)
Note: Never trade on proposed symbols. They have been known to change and you might buy something on the OTC Bulletin Board.
To see what time the NASDAQ IPOs are expected to trade, please log in to: NASDAQTrader.com then scroll down to IPO Message.
Disclosure: Nobody on the IPOScoop.com staff has a position in any stocks mentioned above, nor do they trade or invest in IPOs. The IPOScoop.com staff does not issue advice, recommendations or opinions.
Disclaimer: A SCOOP Rating (Wall Street Consensus of Opening-day Premiums) is a general consensus taken, at press time, from Wall Street and investment professionals concerning how well an IPO might perform when it starts trading. The SCOOP Rating does not reflect the opinions of anyone associated with IPOScoop.com. The SCOOP ratings should not be taken as investment advice. The rating merely reflects the opinion of the professionals at the time of publication and is subject to last-minute changes due to market conditions, changes in a specific offering and other factors, such as changes in the proposed offering terms and the shifting of investor interest in the IPO. The information offered is taken from sources we believe to be reliable, but we cannot guarantee the accuracy.