initial public offerings (IPOs) trading on American exchanges

Monday, April 13, 2020

IPOs this week : April 13 - 17, 20 (wk 16)

IPO lockup expirations
  • Owl Rock Capital (NYSE:ORCC) is up 33% over the last week just ahead of the 270-day lockup period expiring for sales of blocks of two-thirds of positions. 
  • Former Post Holdings (NYSE:POST) subsidiary BellRing Brands (NYSE:BRBR) has an IPO share lockup expiration date of April 15. Shares of BRBR trade 21% above where the IPO was priced. 
Upcoming IPOs
As the pandemic continues on, it appears more unlikely that some of the blockbuster IPOs expected this year will fire off. That list includes

  • Cole Haan (CLHN), Airbnb (AIRB), Postmates (POSTM), Robinhood, Snowflake (SNOW), DoorDash (DASH), Asana (ASAN) Instacart (CART), Wish, Palantir (PALAN), Rackspace [owned by Apollo Global Management (NYSE:APO)], Didi Chuxing (DIDI), Topgolf [Callaway Golf (NYSE:ELY) has a stake], Stripe (STRIP), Madewell (MDWL) [a Nordstrom (NYSE:JWN) retail partner] and McAfee [Intel (NASDAQ:INTC) has a stake].

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