initial public offerings (IPOs) trading on American exchanges

Sunday, December 11, 2011

IPOs this week (12 December 2011) : 11 companies scheduled

11 firms, including social gaming startup Zynga, are expected to launch as publicly-traded companies next week, in potentially the busiest IPO period in four years.

If all firms push through with their IPOs, it would make next week the busiest since November 2007 when 13 companies made their public trading debuts in a single week.

  • Zynga leads the pack as the latest in a wave of social media initial public offerings. 
  • Jive Software, a social business software platform company. The Palo Alto, Calif.-based company makes software to help businesses set up their own social networks. It had total revenue of $54.8 million for the nine-month period ended Sept. 30 — up 73% from the same period last year. Net losses totaled $38.1 million for the recent nine-month period.  Jive is offering 11.7 million shares at a price range of $8 to $10. The stock is expected to begin trading on Tuesday, the 13th.
  • Michael Kors Holdings, the luxury fashion company. It is offering 41.7 million shares at a range of $17 to $19.
  • 5 oil or energy companies: Bonanza Creek Energy (BCEI); Sanchez Energy Corp.; Mid-Con Energy Partners (MCEP); Inergy Midstream; and Laredo Petroleum (LPI)
  • Luxfer Holdings, a materials technology company; 
  • FusionStorm Global, which offers information technology hardware, software and services to businesses; 
  • GSE Holding, a maker of containment products in mining, waste management and environmental protection.

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