initial public offerings (IPOs) trading on American exchanges

Monday, September 16, 2019

IPOs this week : Sept 23 - 27, 19 (wk 39)

IPOs expected to price
Peloton Interactive (PTON) is the headliner in the IPO market with a pricing expected next week. The company reported $915M in revenue for its last fiscal year and a loss of $196M on high R&D and marketing costs. Peloton plans to sell 40M shares to the public in a range of $26 and $29 a share. There are some early indications that the pricing could be below the targeted range.

Other IPOs expected to price in the week ahead include Oportun Financial (OPRT) on September 25 and Endeavor Group (EDR) on September 26. In Asia, the Budweiser Brewing Co. (BUDBC) IPO is set to price in Anheuser-Busch InBev's (NYSE:BUD) second crack at raising some funds to pay off debt.

IPO lockup expirations
IPO lockup expirations arrive on Linx (NYSE:LINX), Precision BioSciences (NASDAQ:DTIL) and Puyi (NASDAQ:PUYI) on September 24.

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