Among the hot IPOs expected this year are the two biggest ride share companies in the country: Uber and Lyft. While Lyft is targeting an IPO valuation of $20 billion to $25 billion, Uber could be worth more than $120 billion. What are investors to make of these two IPOs, which will undoubtedly generate much hype? For some possible clues as to how these IPOs might perform, the author of today’s article looks at how the 157 IPOs that have taken place in the past 12 months have delivered (or failed to deliver) for investors. For more, CLICK HERE.
One part of an active first half of 2018 for the cannabis industry was cannabis companies going public. However, as today’s article notes, “Analysts have diverse interpretations of the go-public trend in the marijuana industry. Some see it as a quick cash grab; others perceive it as a sign of consolidation in the industry; and other observers believe it’s a natural result of the maturation of the space.” Why did the heads of some of the largest cannabis companies that IPOed this year decide to do so now – and what’s next for their companies? CLICK HERE.
Despite the disappointing after-IPO performance of two high-profile companies (Snapchat parent company Snap and meal-delivery service Blue Apron), today’s article notes that the general strategy of investing in IPOs has done well this year – and the author proceeds to highlight two IPO-themed exchange-traded funds in particular that have been outperforming the broader market. To learn about these two ETFs – one of which has more than doubled the gains of the S&P 500 – CLICK HERE.
The author of today’s article describes initial public offering activity so far this year as “nothing short of awful”, but points to three reasons – including the fact that returns on the IPOs that have taken place have begun outperforming the market – why this fall might see a flurry of IPO activity. As such, he provides an overview of some potential fall IPOs from two sectors showing growth – technology and consumer. To read about these IPO hopefuls – including a manufacturer of high-end coolers with impressive revenue numbers – as well as which big name companies you shouldn’t hold your breath on going public this year, CLICK HERE.
The long awaited Dunkin’ Donuts IPO (DNKN) finally occurred today. The initial price was $19, it opened 32% higher than that on it’s first day of trading, and sold 22.5 million shares. The current price is $27.10. If you’re interested in more details check out the Wall Street Journal article Dunkin’ Brands IPO Surges 40%.