PRA Health Sciences – PRAH Stock Looks Healthy Post-IPO

Dec 1, 2014, 11:11 am EST
PRA Health Sciences – PRAH Stock Looks Healthy Post-IPO

PRA Health Sciences Inc (PRAH), which is a top contract research organization (CRO), had some challenges when it pulled off its IPO in mid-November. The company priced the offering at $18, which was below the expected range of $20 to $23. But  things have improved since then, as PRA stock is up about 18% from its IPO price.

Here’s why investors should expect more on the upside from PRAH stock.

Founded more than 30 years ago, PRA Health Sciences is a top provider of outsourced clinical trial services for biotech and pharmaceutical industries. Read 

Report: Uber Fundraising Could Value Company at $35B-$40B

Nov 26, 2014, 12:39 pm EST

An Uber fundraising campaign could see the company reaching a value of $35 billion to $40 billion.

The information regarding the Uber fundraising comes from sources close to the matter that have chosen not to be named. According to these sources, T. Rowe Price Group is currently in talks to become an investor for the company and current investor Fidelity Investments is also taking part in the fundraising, reports Bloomberg.

In June, Uber was valued at $17 billion. If the new fundraising does reach the $35 billion to $40 billion, it would pop the company above several other companies. The reason behind the fundraising is likely to help the company in its expansion to other parts of the world, Bloomberg notes. Read 

It’s All-Go For a $4.5 Billion GoDaddy IPO

Nov 21, 2014, 12:37 pm EST
It’s All-Go For a $4.5 Billion GoDaddy IPO

According to a report in the New York Post, it looks like GoDaddy Inc. will launch its IPO “early next year.” No doubt, the timing is certainly good for a cloud-based deal. Yet a GoDaddy IPO may face some headwinds.

First of all, let’s get a background on the company:  Founded in 1997, GoDaddy is one of the pioneers of domain registration and web hosting. To deal with the intense competition and rapid commodization, the company wisely pursued an aggressive marketing strategy, which included salacious commercials. Some of them were during the Super Bowl. Read 

This Week’s New Stocks: Will Habit Be the Next Hot Restaurant IPO?

Nov 18, 2014, 5:53 pm EST
This Week’s New Stocks: Will Habit Be the Next Hot Restaurant IPO?

Last week was pretty solid for IPOs. Nine new stocks pulled off their deals, raising about $2 billion or so. The standout performance was Virgin America (VA), which posted a gain of 30%.

But there was still some weakness with biotech deals. For example, the shares of NeuroDerm (NDRM) lost 8%, even though the offering was struck at the mid-point of the expected price range.

As for the upcoming week, the pipeline of new stocks is certainly full (eHi Car Services is a holdover from last week). Here’s a look at each: Read 

Vivint Solar Stock Gets Burned After Earnings

Nov 12, 2014, 9:40 am EST
Vivint Solar Stock Gets Burned After Earnings

Vivint Solar (VSLR) has been on a wild ride since going public in early October. Within a few weeks of its debut, the stock would drop from $18.71 to $9.66. Then it went on a bull run, reaching nearly $15. But on Tuesday, VSLR stock is plunging again, down a grueling 19% on a dismal third-quarter report.

Vivint Solar installs solar panels for homeowners, who agree to 20-year contracts that generally provide savings of 15% to 30% compared to typical utility rates. All in all, it’s a win-win. Homeowners have a low-risk approach to solar and Vivint Solar gets the benefit of recurring income.

Yet the company is still in the nascent stages, which means the financial results are likely to be volatile. Shareholders got a stiff reminder of that in Q3. Revenues skyrocketed by 266% to $8.3 million, versus the Wall Street forecast of $7.5 million. During the period, the company installed 49 megawatts of power, up a sizzling 196% from the year-ago period. Read 

Virgin America Leads This Week’s New Stocks

Nov 10, 2014, 2:48 pm EST
Virgin America Leads This Week’s New Stocks

Last week was a mixed bag for new stocks. While 13 IPOs were on the calendar, only 8 deals got priced. However, some of the ones that did get through were pretty hot, such as Nevro (NVRO), up 41%, and Freshpet (FRPT), which posted a gain of 27%.

For the most part, Wall Street is fairly selective with new stocks, which means that hot deals like NVRO are pretty rare. Much more often, they stumble or sputter out of the gate. For example, one of the week’s deals, Upland (UPLD), fell a grueling 19% on its first day of trading!

As for this week, there are eight new stocks ready to go public (one additional offering, The Joint, is a holdover from last week). So let’s take a look at each: Read 

1 3 4 5 6 7 222