TransUnion Leads 13 New Stocks Planned This Week

Jun 22, 2015, 12:17 pm EDT
TransUnion Leads 13 New Stocks Planned This Week

Last week, IPOs got a nice spark, with eight deals hitting the market. But of course, the standout offering was Fitbit (FIT), whose stock soared 63%. This was after the company aggressively increased the price range and amount of shares issued.

The good news is that the upcoming week will likely be robust as well. In fact, there are 13 new stocks ready to come public. They include a variety of cloud operators and biotech firms — and yes, mature companies in the energy and chemicals industries.

So let’s take a closer look at each of the new stocks: Read 

Fogo de Chao IPO: The Facts on FOGO

Jun 19, 2015, 11:01 am EDT

The premium Brazilian restaurant chain Fogo de Chao (FOGO) is going public today, with shares trading on the Nasdaq under the ticker “FOGO.”

You might not know much about the steakhouse, but seeing as this is the fourth restaurant to go public in 2015 — and the other three are all trading well above their IPO prices — you should make yourself familiar with the FOGO IPO.

Founded in 1979, the restaurant began with one humble location in Porto Alegre, Brazil, and didn’t open its second store until 1987. Today, the company has 37 locations — 10 in Brazil, one in Mexico and the rest in the U.S. — and plans to open five or six new locations this year. Read 

Fitbit IPO: Investors Will Love FIT Right Out of the Gate

Jun 18, 2015, 12:33 pm EDT
Fitbit IPO: Investors Will Love FIT Right Out of the Gate Source: Fitbit

The Fitbit (FIT) IPO was a hit Thursday, as the seller of highly popular fitness devices pulled off a two-day double whammy.

The Fitbit IPO priced Wednesday at $20 per share to top its expected range of $17 to $19, which itself was lifted after an initial range of $14 to $16. And on top of all that, the number of shares offered in the Fitbit IPO was increased from 29.9 million to 36.6 million.

FIT stock followed up that performance with an early spike of roughly 50% when shares debuted Thursday. Read 

Fitbit IPO Price Range Raised to $17-$19

Jun 16, 2015, 11:18 am EDT

In an amended S-1 filing with the Securities and Exchange Commission on Tuesday, the wearable fitness tech company Fitbit raised its IPO price range by $3, increasing it from the $14 to $16 range to the $17 to $19 range.

Some investors thinking about getting in on the Fitbit IPO when it debuts might be shaking their heads, wondering if the higher valuation still means they should buy in on the first day.

In my opinion, it changes nothing. I still expect the Fitbit IPO to be an extremely hot new issue, and I wouldn’t be surprised if its first-day returns were scorching hot. Read 

The TransUnion IPO Looks to be a Tough Sale

Jun 15, 2015, 1:29 pm EDT
The TransUnion IPO Looks to be a Tough Sale

TransUnion has set the initial terms of its upcoming IPO, expecting to issue 29.5 million shares on the NYSE – under the ticker of TRU — at a range of $21 to $23.

While TransUnion helps to determine the creditworthiness of customers, the irony is that Wall Street investors may ultimately give only a so-so rating to the TransUnion IPO.

So let’s take a deeper look at the company. Read 

8 New Stocks to Watch: Fitbit Looking Healthy

Jun 15, 2015, 12:30 pm EDT
8 New Stocks to Watch: Fitbit Looking Healthy

Last week really perked up for new stocks. Five deals came to market, and all but one posted robust returns. Of course, the standout deal was chicken-wing operator Wingstop (WING), whose shares spiked by 61%.

As for the upcoming week, there should be no shortage of good new stocks for investors to chomp on. Yet there is one in particular that will likely overshadow the crowd: Fitbit.

The company, which develops wearables for fitness and wellness, has been growing at a break-neck pace. Read 

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