May 7, 2015, 12:50 pm EDT
The IPO market can be an ample source of big-gain potential for investment portfolios. After all, many of these companies are in their early stages, and focused on cutting-edge technologies.
Just imagine if you bought some of the best IPOs in tech history, such as Microsoft Corporation (NASDAQ:MSFT), Netflix, Inc. (NASDAQ:NFLX) or Amazon.com, Inc. (NASDAQ:AMZN) when they came public. Those companies have netted investors percentage returns in the thousands, even tens of thousands.
And investors have access to the same kind of big-return opportunity all the time. Read
Apr 28, 2015, 2:06 pm EDT
Bojangles‘, a restaurant chain with more than 600 locations, has set the terms for its upcoming IPO.
The company expects to issue 6.3 million shares — on the NASDAQ under of the ticker of BOJA — at a range of $15 to $17.
The lead underwriters on the Bojangles’ IPO include Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), Jefferies, Barclays PLC (NYSE:BCS), Goldman Sachs Group Inc (NYSE:GS), Piper Jaffray, William Blair, KeyBanc Capital Markets and RBC Capital Markets. Read
Apr 27, 2015, 11:28 am EDT
Unfortunately, the market for new stocks went quiet last week. There were only two IPOs last week, and they were pretty unimpressive.
One was National Storage Affiliates Trust (NYSE:NSA), a consolidator in the self-storage market. The stock was only able to muster a gain of 1%. Then there was Apigee Corp (NASDAQ:APIC), a developer of back-end technologies. Yet the company saw its stock fall about 2%.
For the upcoming week, there are new stocks scheduled to go public, including some biotech, energy and commodity operators. Read
Apr 16, 2015, 1:08 pm EDT
The IPO journey for Virtu Financial, Inc. (NASDAQ:VIRT) has not been easy. But the firm, which is a top high-frequency electronic trading operator, was able to get its deal off the ground today.
Virtu Financial priced 16.5 million shares at $19 each, which was at the top of the $17 to $19 range. So far in today’s trading, the stock is up about 17%.
The lead underwriters on the deal included Goldman Sachs Group Inc (NYSE:GS), JPMorgan Chase & Co. (NYSE:JPM), Sandler O’Neill, BMO Capital Markets, Citigroup Inc (NYSE:C), Credit Suisse Group AG (NYSE:CS), Evercore Partners Inc. (NYSE:EVR) and UBS Group AG (NYSE:UBS). Read