HubSpot IPO Soars Into the Cloud

Oct 9, 2014, 11:45 am EDT
HubSpot IPO Soars Into the Cloud

Hubspot (HUBS), a top provider of cloud-based marketing automation software, got off to a nice start as a public company. It priced 5 million shares at $25 each, which was above the expected range of $22 to $24. As for early first-day trading, HUBS stock is up about 25% or so.

Hubspot focuses on inbound marketing — that is, strategies to attract users through channels like websites, emails, blogs, search engines and social media. At the core of the technology is a database that captures activities throughout the customer lifecycle, from the initial lead, to closing the sale and follow-ups.

HubSpot is mostly focused on selling to small and medium-size businesses (defined as companies that have between 10 to 2,000 employees). As should be no surprise, the company uses its own inbound technology to efficiently capture these types of customers! But HubSpot also has relationships with more than 2,000 marketing agencies across the world, with a customer base of roughly 11,624. Read 

3 New Stocks to Sell Now

Oct 8, 2014, 9:28 am EDT
3 New Stocks to Sell Now

It’s been a stellar year for IPOs. So far, there have been 215 new stocks that have hit the markets, with the average first-day return of about 13%, according to Renaissance Capital.

But given the giddiness, perhaps it’s a good idea to take some profits?

Perhaps so. Consider that there are already signs that investors are getting fatigued with new stocks. After all, last week there were 11 new stocks that went public, yetonly four had positive returns. In fact, some of the deals were downright stinkers, with Vivint Solar (VSLR) down 11% and Atento (ATTO) off by 15%. Read 

Dave & Buster’s Leads 8 New Stocks This Week

Oct 6, 2014, 11:50 am EDT
Dave & Buster’s Leads 8 New Stocks This Week

It looks like the recent volatility in the equities markets is having a negative impact on new stocks. Last week, there were 11 offerings and seven either posted break-even or negative returns. Some were actually pretty awful, with Vivint Solar (VSLR) down 14% and Atento (ATTO) off by 15%. (One deal, Viking Therapeutics, was delayed.)

But the weakness may be more than about adverse market conditions. Let’s face it, there has been a flood of new stocks that have hit the markets, with mega deals like Alibaba (BABA), and Citizens Financial Group (CFG). So it is reasonable that there should be some investor fatigue.

Yet Wall Street bankers are still pushing forward, as there are 8 new stocks ready to go public this week. Let’s take a look at each. Read 

Looks Like Game Over for Rovio IPO

Oct 2, 2014, 4:42 pm EDT
Looks Like Game Over for Rovio IPO

Remember when the Rovio IPO seemed like a sure thing? There was even buzz that the company would become the next Disney (DIS).

Well, now it looks like all of this seems more of a pipedream as Rovio’s Angry Birds franchise has been hitting the skids. Just look at today’s blog post from CEO Mikael Hed:

“We have been building our team on assumptions of faster growth than have materialized. As a result, we announced today that we plan to simplify our organization around our three key businesses with the highest growth potential: games, media, and consumer products. Unfortunately, we also need to consider possible employee reductions of a maximum of 130 people in Finland (approximately 16% of workforce).” Read 

Vivint Solar (VSLR): The Next SolarCity?

Oct 1, 2014, 11:23 am EDT
Vivint Solar (VSLR): The Next SolarCity?

Vivint Solar (VSLR) might have a sunny long-term outlook, but Wednesday’s Vivint IPO was buried in clouds.

Vivint issued 20.6 million shares of VSLR stock at $16, which represented the bottom of its expected range ($16 to $18). Shares didn’t see much follow-through buying either, with VSLR up less than 5% in early morning trading.

Still, Vivint Solar could be an interesting opportunity for investors. Read 

News Corp Takes a Shot at Zillow, Trulia

Sep 30, 2014, 2:42 pm EDT
News Corp Takes a Shot at Zillow, Trulia

News Corp (NWSA) is making a land grab: The company has agreed to shell out $950 million for Move Inc. (MOVE), which operates an online marketplace for home listings. The impact is likely to be serious, especially for rivals like Zillow (Z) and Trulia (TRLA). So far in today’s trading, TRLA is off by 2% and Z stock is down by 3%.

First let’s get some background on Move Inc. The company got its start at the dawn of the Internet revolution, back in 1996. It was actually a joint venture with the National Association of Realtors (NAR), which provided access to millions of home listings. The company experienced explosive growth but then hit the wall because of an accounting scandal in 2001.

Life since then has been tough, especially for shareholders. But Move Inc. still has a solid business. The company attracts 35 million monthly visitors and has brands like realtor.com, move.com, moving.com, Top Producer Systems, ListHub, Tigerlead, SocialBios.com, Builders Digital Experience, Featuredwebsite.com, Homefair.com, Newhomesource.com, SeniorHousingNet.com, and HomeInsight. Move has also seen lots of traction with its mobile apps. Read 

1 2 3 4 216