Planet Fitness and Sunrun Lead 8 New Stocks This Week

Aug 3, 2015, 12:19 pm EDT
Planet Fitness and Sunrun Lead 8 New Stocks This Week

Last week was fairly awful for new stocks. Of the six companies that went public, only two posted positive returns: NantKwest (NK) and Aqua Metals (AQMS). Actually, the average return for all the deals was a grim 5% loss.

This underwhelming performance wasn’t exactly anything new, though. The market activity for new stocks in July was mostly lukewarm. According to Renaissance Capital, there were only 17 IPOs last month, raising about $2.8 billion — down from 33 offerings and $8.2 billion in the same period a year ago.

As for the upcoming week, things should pick up a bit, as there are 8 deals on the calendar. So let’s take a look at each. Read 

Shopify Earnings Prove Hot IPO Was No Fluke (SHOP)

Jul 30, 2015, 12:10 pm EDT
Shopify Earnings Prove Hot IPO Was No Fluke (SHOP)

Ecommerce platform operator Shopify (SHOP) pulled off one of the year’s hottest IPOs, with SHOP stock doubling on its debut in late May. But, as is typical for many hot IPOs, enthusiasm cooled off as investors started selling — presumably to take enormous profits. Source: Shopify

But the latest Shopify earnings report showed that Shopify is still full of growth. And Shopify stock is up 13% in early trading as a result.

In Q2, revenues soared 90% to $45 million and the adjusted net loss came to a moderate 3 cents per share. Meanwhile, the Street consensus only expected revenues of $38.1 million and a loss of 6 cents per share. So yes, it was a big-time beat for SHOP sotck. Read 

NantKwest, Largest Biotech to Go Public, Leads 6 IPOs for the Week

Jul 27, 2015, 2:44 pm EDT
NantKwest, Largest Biotech to Go Public, Leads 6 IPOs for the Week

In typical summer fashion, the IPO market is slowing down, considering there were only three new stocks that went public last week. Of those, Neos Therapeutics (NEOS) and Blue Buffalo Pet Products (BUFF) were up over 30%.

With only six deals on tap this week, the low activity continues.

So let’s take a deeper look at each of this week’s new stocks: Read 

Ferrari IPO: Fiat Chrysler (FCAU) Is Spinning Off Historic Brand

Jul 23, 2015, 1:39 pm EDT

Get ready, investors. The Ferrari IPO is coming. Automaker Fiat Chrysler (FCAU), which owns 90% of the luxury Italian sports car manufacturer, filed an S-1 with the Securities and Exchange Commission on Thursday announcing the spinoff.

Fiat, the seventh-largest automaker on the planet, owns a large line of brands; Alfa Romeo, Chrysler, Dodge, Fiat, Jeep, Ferrari, and Maserati all count themselves as parts of the FCAU portfolio.

The price of the Ferrari IPO is not yet known, as the S-1 is preliminary and merely serves to announce the offering and give a few numbers. Here are the numbers investors need to know: Read 

Blue Buffalo Leads 4 New Stocks to Watch This Week

Jul 20, 2015, 12:39 pm EDT
Blue Buffalo Leads 4 New Stocks to Watch This Week

The summer is often fairly light for initial public offerings, but things are different this time around. The market for new stocks remains robust, as seven companies pulled off IPOs last week.

And, at an average of about 25%, the returns were solid. The cybersecurity operator Rapid7 (RPD), for instance, saw its deal soar 58%, and ProNAi Therapeutics (DNAI), a developer of cancer drugs, posted a sizzling 81% return. In fact, there was only one bad deal among last week’s new stocks: Ooma (OOMA), a provider of cloud-based communications services, plunged a grueling 16%.

As for the upcoming week, do not expect as many fireworks. The market for new stocks will mostly come to an end within a couple weeks, as it typically does every year in late summer. Read 

Cybersecurity Operator Rapid7 Leads This Week’s New Stocks

Jul 14, 2015, 4:18 pm EDT
Cybersecurity Operator Rapid7 Leads This Week’s New Stocks

Last week, the market for new stocks slowed down in the wake of the Independence Day holiday. And the IPO market probably only has a few weeks activity left before it goes into hibernation mode until mid-September or so.

In the meantime, it looks like the market for new stocks will remain robust. For example, this week there are 8 deals on the calendar, and some of them should be big-time winners, like Rapid7 — a top player in the red-hot cybersecurity space.

Here’s a closer look at this week’s new stocks. Read 

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