Category Archives: The IPO Buzz

IPO bankers have set the stage for a brisk box-office business this fall as Wall Street returns from the long Labor Day weekend and the late August break. During the past two weeks, the U.S. Securities and Exchange Commission’s filing window attracted about a dozen new-issue filings from companies representing a broad swath of the […]

Vacation time is here for the IPO market as the summer winds down and bankers chill out on some of the most pristine beaches in the world. At this point, the calendar looks as thin as a supermodel. We will not be publishing for the next two weeks. But we will be back for the […]

The IPO filing window at the U.S. Securities and Exchange Commission was the loneliest place in Washington, D.C., last week. One deal was refiled, one was withdrawn, and that was it. As a result there was nothing to be added to the calendar. Nevertheless, there is one IPO for the week of Aug. 15 – […]

The Donald had a bad week and the stock market a good one. It’s been said before: Stocks are bought in hope, held in greed and sold in fear. The forces driving investors’ emotions are the perception of interest rates, the perception of earnings, and at times, politics. Last week, politics ruled the waves. Waltzing […]

July 2016 went down in Wall Street history with a happy face. All the major U.S. stock market indexes were solid winners and they took the IPO calendar along for the ride. For July, the Dow Jones Industrial Average gained 2.8 percent, the S&P 500 Index gained 3.6 percent and the Nasdaq Composite Index added […]

As July rolls into its final week, a couple of things are starting to surface in the equity capital markets. One is the return of IPOs. The other is that technology is leading the way. Last week’s calendar produced four IPOs and this week has another four. At a rate of four per week, the […]

The LINE Corporation (LN) IPO lived up to all of its early billing – and more. The deal was priced in Tokyo on Monday at 3,300 yen (US$32.84) and opened on the New York Stock Exchange on Thursday morning at US$42, UP 27.9 percent from its IPO price. That sparked a question from the financial […]

There are two things to focus on when playing in the IPO sandbox. One is the company going public and the other is its pricing terms. When the IPO sands flow from Asia in the form of a dual listing, a third dimension comes into play: market risk. Things are done differently in the Far […]

2016’s first half underscored the relationship between the stock market and the IPO calendar. Good stock markets produce active calendars. Poor markets dry it up. This year was the latter. A total of 41 IPOs (*) were priced during 2016’s first half, according to the U.S. Securities and Exchange Commission filings. That was down from […]

A 600-point freefall in the Dow Jones Industrial Average is significant – and Friday’s 610.32-point loss on the Brexit vote made it the eighth-largest ever. In terms of points, the granddaddy of them all was the Dow’s 777.68-point loss on Sept. 29, 2008 – two weeks after Lehman Brothers collapsed. So the shock of Britain’s […]