Author Archives: John E. Fitzgibbon Jr.
The IPO Buzz: 2016’s Silver Lining
The Champagne corks popped as Wall Street’s 2016 year-end party started after Friday’s close. The major U.S. stock indexes ended near record highs. But the IPO market didn’t join in on the fun. Much has been written about what a poor year 2016 was for IPOs. Beyond the headlines, the numbers told a different story: […]
January 2, 2017 Read MoreIPO Traffic: Weeks Ending Dec. 23 & 30, 2016
The IPO Buzz: Holiday Markdowns
IPO bankers defied the conventional wisdom in December. And it worked. Bankers borrowed a page from Macy’s playbook, marking down some merchandise to move it out the door during the holiday shopping season. On Wall Street, it’s long been said that all you need to know about an IPO’s aftermarket performance is to compare its […]
December 18, 2016 Read MoreIPO Traffic: Week Ending Dec. 16, 2016
The IPO Buzz: Traveling With Trivago
Just in time for the hectic holiday travel season, Trivago (TRVG – proposed) is the marquee name on the IPO Calendar. The company, known for its ad slogan “Never Pay Full Price on Hotels,” is set to go public at the end of the week. Wall Street is paying attention because the online travel sector […]
December 11, 2016 Read MoreIPO Traffic: Week Ending Dec. 9, 2016
The IPO Buzz: December’s Billion-Dollar Baby
The IPO market is expecting a billion-dollar baby during the first full week of December. Athene Holding Ltd. (ATH – proposed) is attracting attention on Wall Street and beyond. Based in Bermuda, Athene is in the business of selling fixed annuities, insurance and other retirement savings products and services. The size of Athene’s IPO is […]
December 4, 2016 Read MoreIPO Traffic: Week Ending Dec. 2, 2016
The IPO Buzz: Open A New Window
All eyes will be on the filing window at the U.S. Securities and Exchange Commission when the agency opens for business on Monday morning. IPO professionals expect that at least a few IPO candidates will file pricing terms. That would set the stage for some deals to get done in a market that spent most […]
November 27, 2016 Read More