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HelloFresh IPO: 10 Things Investors Should Know

Oct 10, 2017, 12:59 pm EDT

HelloFresh, a meal-kit delivery service, is preparing an IPO. Source: Shutterstock

Here’s what investors need to know about the possible HelloFresh IPO.

    The company is planning to sell shares worth up to 300 million euros. This would have new investors in the company obtaining a 20% stake. It could also give the company a valuation of up to 1.5 billion euros. HelloFresh says that it plans to use money from the IPO to grow its business. This includes adding more customization and options for customers. The meal-kit company says that it plans to stop incurring EBITDA losses in 2019. To achieve this goal, it will focus on lowering market costs per customer. The HelloFresh IPO will have Berenberg, BNP Paribas, Deutsche Bank, JP Morgan and Morgan Stanley working as joint coordinators. It was previously looking to make an IPO back in 2015, but the value was too high to entice investors. There are also still some concerns about an IPO following the failure of rival Blue Apron Holdings Inc’s (NYSE:APRN) IPO earlier this year.

“Our margins and our outlook on profitability are quite different. We are gaining a lot of market share in the United States,” Dominik Richter, the CEO of HelloFresh, told Reuters while talking about the APRN IPO. “That is why we assume our listing will turn out differently.” Read 

SEA IPO: 15 Things to Know About the Online Gaming Startup

Oct 9, 2017, 12:45 pm EDT

SEA is planning an IPO in the United States and InvestorPlace has a few things to know about the company. Source: Shutterstock

Here’s the rundown on SEA and its IPO.

    It got its start as an online gaming company back in 2009. It’s original name was Garena, but it was changed to SEA as it expanded out to include other services. These new services include a mobile payment and shopping on the Garena platform. The largest shareholder in the company is Tencent Holdings Ltd with a 40% stake. Forrest Li, the founder, Chairman and CEO of SEA is the second largest shareholders with a 20% stake in the company. The gaming startup reported a net loss of $225 million on revenue of $345.70 million in 2016. The company is planning to sell 49.7 million American depositary shares in its IPO. It will be pricing these shares between $12 and $14 each. This will have it raising as much as $696 million with its IPO. If the company reaches its midpoint range for its IPO, it will have a fully diluted market value of $4.2 billion SEA says that it will use funds from its IPO to grow its business. It plans to do this by adding more customers and purchasing additional content. The company is looking to trade on the New York Stock Exchange under the SE ticker. Credit Suisse Group AG, Goldman Sachs Group Inc and Morgan Stanley are acting as underwriters for the IPO. The IPO announcement from the company was made on Friday.

You can follow these links to learn more about SEA and its IPO. Read 

Switch IPO: 13 Things for Potential Investors to Know

Oct 6, 2017, 12:08 pm EDT

Switch, Inc. (NYSE:SWCH), a data management company that develops and operates data centers, has completed its recent IPO. Source: Shutterstock

Here are a few things that potential investors may want to know about the Switch IPO.

    The company’s IPO priced its shares at $17 each. This is more than the $14 to $16 range that was expected. The total amount of funds that was raised in the IPO was $531.3 million. This offering included 31.3 million Class A shares. The total market value for the Switch IPO could be as high as $4.2 billion. It is planning to use the funds from the IPO to buyout investors of Switch Ltd. Once it has done this, it will take over as a holding company. Some underwriters for the IPO include BMO Capital Markets, Goldman Sachs & Co, J.P.Morgan and Wells Fargo Securities. The IPO is the third largest one for a tech company in the U.S. in 2017. The two other tech IPOs that were above Switch’s this year were for Snap Inc (NYSE:SNAP) and Altice USA Inc (NYSE:ATUS). During 2016, the data management company reported net income of $31.4 million on revenue of $318.4 million. Its net income for the first six months of 2017 is $35.3 million. Switch is supposed to start trading on the New York Stock Exchange today under the SWCH stock ticker.

You can follow these links to learn more about the Switch IPO and what the company is planning for the future. Read 

A Lyft IPO Is One Step Closer to Happening

Sep 28, 2017, 2:46 pm EDT

Lyft IPO is in the works at the moment as the company is advancing talks with parties who will help it get where the company needs to be.

The company is reportedly close to hiring an IPO advisory firm as it looks to start selling its stock publicly, offering Lyft a new round of investing. Such a move will likely happen before Uber Technologies goes public as the company’s new CEO Dara Khosrowshahi said it will likely go public in between 18 and 36 months.

It is unclear which IPO advisory firm is in the lead to sign with Lyft, but the move would help the company select underwriters and iron out the details of the offering. The IPO could come as soon as next year, according to sources that asked to remain anonymous because the talks are confidential. Read 

Buy Roku Inc (ROKU) Stock Once the Hype Dies Down

Sep 28, 2017, 2:03 pm EDT
Buy Roku Inc (ROKU) Stock Once the Hype Dies Down

This year we’ve seen high-profile flubs with tech IPOs like Snap Inc (NYSE:SNAP) and Blue Apron Holdings Inc (NYSE:APRN). But this hasn’t been a problem for the Roku Inc (NASDAQ:ROKU) IPO. The company priced its offering at $14, which was at the top of the range, and the shares are up nearly 54% to $21 in early trading, which puts the valuation at roughly $2 billion. The underwriters on the Roku IPO include Morgan Stanley, Citigroup and Allen & Co. Source: Shutterstock

So with all the hype is there still an opportunity here?

Before we answer that, let me give you a quick background of the company, as it will help put things into perspective. While the roots of Roku go back to 2002, it did not get much traction until its involvement with Netflix, Inc. (NASDAQ:NFLX), which did not want to build its own video player. Read 

7 of the Best IPOs (and Worst) in 2017 So Far

Sep 28, 2017, 8:30 am EDT
7 of the Best IPOs (and Worst) in 2017 So Far

We are now at the final stretch for the IPO market. While there has been lots of volatility — which is natural — the overall results have been positive. For the year so far, the Renaissance IPO ETF (NYSEARCA:IPO), which tracks 39 recent offerings, has posted a gain of 28%.

It also looks like the momentum will continue. Last week, seven companies were able to raise roughly $1.2 billion and the first-day average return was 16%. Read 

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