initial public offerings (IPOs) trading on American exchanges

Monday, September 16, 2019

IPOs this week : Sept 16 - 20, 19 (wk 38)

IPOs expected to price
  • Envista (NVST) and IGM Biosciences (IGMS) are expected to price their IPOs on September 17 to be followed by pricings for 
  • Datadog (DDOG), Ping Identity Holding (PING) and Exagen (XGN) on September 18. 
IPO lockup expirations
  • IPO share lockups arrive on Up Fintech Holding (NASDAQ:TIGR) on September 16, 
  • as well as Levi Strauss (NYSE:LEVI) and Canada-traded Cansortium on September 17. 

In other IPO developments to watch, WeWork (WE) will officially begin marketing shares to investors next week ahead with the IPO on track and Anheuser-Busch InBev (NYSE:BUD) will be watched closely for indications of where demand stands for the Budweiser Brewing Co. (BUDBC) IPO.

Also, keep an eye on Peloton (PTON) and its quest for a $1B valuation. D.A. Davidson jumped the gun by rating the exercise equipment company at Neutral even before the IPO has fired off. "While valuation is actually more agreeable than anticipated on forward estimates, it is still fairly robust, and we will wait for a better entry point," stated the firm.

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