Category Archives: The IPO Buzz

The IPO market closed out the year’s first half with blazing guns. In June’s final week, bankers priced 11 IPOs. And there was more. On Friday, the last trading day of the month, the Street witnessed a rare event – an opening-day IPO moonshot. That’s when an IPO explodes for a gain of 100 percent or more. What a way to head into the traditional July 4^th holiday!

 

With one eye on the ticker tape and the other on Washington, D.C., the IPO market cruises into June’s final week. It has an ambitious calendar of nearly a dozen offerings in the first full trading week of summer. And it’s looking at what could be an interesting stock market.

 

June’s IPO market is busting out all over. Eleven companies filed plans to go public last week; another 11 filed updated amendments, and eight of those 11 jumped on the IPO calendar with pricing dates. This week, six companies expect to price their IPOs. A year ago, the June 2012 calendar produced only four IPOs.

 

When a cloud floats over Wall Street these days, people hope it is an IPO. This week, they get their wish. A cloud-based IPO tops the coming calendar.

 

 

The legendary mountain man who roamed the Rocky Mountains in the early to mid-1800s lived by his wits and by reading the signs of nature. The hoot of an owl, the rustle of leaves, the color of the sky all told him something – much like reading the preliminary prospectuses in today’s IPO market. This week’s calendar tells us something.

 

 

This week, Wall Street is expected to produce another billion dollars in IPO offerings. Actually, it is over $2 billion, but here’s a surprise. This year is playing catch-up to last year’s the IPO traffic.

 

A billion here, a billion there, and pretty soon, there’s serious money involved. This week’s IPO calendar has nine offerings, with bankers expecting to raise more than $2.1 billion. Five IPOs are on for next week, aiming to raise another $1.1 billion.