6 New Stocks For This Week as Activity Perks Up

Mar 23, 2015, 12:57 pm EDT
6 New Stocks For This Week as Activity Perks Up

Last week’s activity with new stock was fairly lackluster as only two deals came to the market. One was National Commerce Corp (NASDAQ:NCOM), a regional bank in Birmingham, Alabama. The stock gained about 11%. Source: Flickr

Then there was the offering for Steadymed Ltd (NASDAQ:STDY), a biotech operator focused on pulmonary arterial hypertension. But the IPO was not so good as the stock increased a mere 1%.

As for the current week, it looks like the activity in new stocks will increase, somewhat. There are six deals on the calendar, including a holdover from last week, Valeritas Inc (VLRX). Read 

GoDaddy IPO Price Pegs GDDY Stock at $17-$19

Mar 19, 2015, 11:35 am EDT

GoDaddy Inc. amended its S-1 filing on Thursday, and the web domain and hosting company is looking to fetch a value around $2.8 billion in its debut. The GoDaddy IPO price range was set between $17 and $19 per share; 22 million shares of GDDY stock will be offered and traded on the New York Stock Exchange.

At the high end of its range, GoDaddy would raise almost $420 million.

GoDaddy is mostly known in pop culture for its older Super Bowl commercials, which often featured scantily clad women or NASCAR driver Danica Patrick … or Danica Patrick herself being scantily clad. Read 

4 Reasons Why IPOs Have Hit a Wall

Mar 18, 2015, 7:00 pm EDT
4 Reasons Why IPOs Have Hit a Wall

Going into 2015, there was giddy optimism that the market for IPOs would remain strong. But so far, things have not turned out so well. According to Renaissance Capital, only 28 IPOs have come to market, down about 40% from the same period in 2014. Source: ©iStock.com/mindscanner

What’s going on?

Well, one reason is the wrenching volatility in the overall equities markets. In such an environment, investors tend to avoid risky plays like IPOs. Read 

What Alibaba’s Lock-up Expiration Means For BABA Stock

Mar 18, 2015, 11:45 am EDT
What Alibaba’s Lock-up Expiration Means For BABA Stock

Today is the lock-up expiration for Alibaba Group Holding Ltd (NYSE:BABA), which allows insiders to sell up to 337 million shares (another 100 million will be available after the company announces its earnings report in May).

So far in today’s trading, there appears to be little impact.  But on a longer-term basis, investors may want to be cautious.

But first, let’s get some background: A lock-up is a contract and is part of nearly every IPO. For the most part, it prevents insiders from selling stock within six months of the offering. The reason: this allows a company’s stock to have smoother trading. Read 

New Stocks to Watch: The Drought Continues

Mar 16, 2015, 11:27 am EDT
New Stocks to Watch: The Drought Continues

During the past month or so, the market for new stocks has hit a wall. Source: ©iStock.com/zigarrenschachtel

Some of the factors include increased volatility with equities, a pullback in energy deals because of the plunge in crude prices and lackluster returns from small biotech offerings. According to Renaissance Capital, the volume of IPOs for 2015 is 40% lower than 2014.

But there are some signs of life for new stocks. For example, last week Summit Materials Inc (NYSE:SUM) posted a 17% on its first day of trading. The company is a top provider of aggregates, concrete and asphalt paving services. Read 

LOCO Stock: El Pollo Loco Goes Crazy on Strong Earnings

Mar 13, 2015, 12:38 pm EDT
LOCO Stock: El Pollo Loco Goes Crazy on Strong Earnings

El Pollo Loco Holdings Inc (NASDAQ:LOCO), which operates a Tex-Mex chain of restaurants, has seen a steady decline from its IPO in July. But the company got a nice boost today. On news of the El Pollo Loco earnings report, LOCO stock is up about 12% to $27 in early trading.

In the fourth quarter, revenues came to $90 million, up 18%, and adjusted net income spiked by 60.6% to $5.5 million, or 14 cents per share. The Street was looking for revenues of $87.5 million and earnings of 12 cents per share.

Given this strong performance, it should be no surprise that El Pollo Loco posted robust comparable sales of 7.6% for the fourth quarter. Consider that the company has generated positive numbers for the past 14 consecutive quarters. Read 

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