initial public offerings (IPOs) trading on American exchanges

2016 IPOs

Initial public offerings in 2016 were at their lowest level since 2009, and proceeds from those IPOs were at their lowest total since 2003.

Only 105 companies went public in 2016, down from 170 in 2015, and 275 in 2014. Proceeds fell to only $18.8 billion, the lowest since $15.2 billion in 2003. The median deal size this year was $95 million, up slightly from $94 million last year, but down from $100 million in 2014.

AveXis, which raised $95 million on Feb. 10. Up 168% year-to-date.

Novan, which raised $45 million on Sept. 20. Up 134% year-to-date.

Impinj., which raised $67 million on July 20. Up 150% year-to-date.

Reata Pharmaceutical Inc., which raised $61 million on May 25. Up 105% year-to-date.

The worst-performing IPO was PhaseRx, a Seattle-based preclinical biopharmaceutical company, which went public in May, raising $19 million. Shares rose 0.4% on the first day, and are now down 72% since their debut.
  1. Lamb Weston (LW)NYSE;  9 November 2016
  2. Forterra (FRTA)NASDAQ 20 October 2016
  3. Azure Power Global (AZRE)NYSE;  12 October 2016
  4. Extraction Oil & Gas (XOG)NASDAQ 12 October 2016
  5. Coupa Software (COUP)NASDAQ6 October 2016
  6. Nutanix (NTNX)NASDAQ 30 September 2016
  7. e.l.f. Beauty (ELF)NYSE;  22 September 2016
  8. Noble Midstream Partners LP (NBLX)NYSE16 September 2016
  9. The Trade Desk (TTD)NASDAQ;  12 September 2016
  10. At Home (HOME)NYSE4 Aug 2016
  11. Talend (TLND)NASDAQ29 July 2016
  12. Aptevo Therapeutics (APVO)NASDAQ 22 July 2016
  13. Impinj (PI)NASDAQ 21 July 2016
  14. Turning Point Brands (TPB)NYSE11 May 2016
  15. SecureWorks (SCWX)NASDAQ22 April 2016
  16. Corvus Pharmaceuticals (CRVS)NASDAQ23 March 2016
  17. Proteostasis Therapeutics (PTI)NASDAQ;  11 February 2016
  18. Editas Medicine (EDIT)NASDAQ;  3 February 2016
  19. BeiGene (BGNE)NASDAQ3 February 2016

The best performing IPOs: four were in tech, four were in healthcare, and two were financials.

Acacia Communications, a Massachusetts-based tech infrastructure company, was the best-performing IPO on the year. It went public on May 12, with shares pricing at $23, the top of its range, raising $104 million. It rose 35% its first day of trading. It is up 192% year-to-date.

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