initial public offerings (IPOs) trading on American exchanges
Showing posts with label ARRY. Show all posts
Showing posts with label ARRY. Show all posts

Thursday, October 15, 2020

Array Technologies (ARRY) began trading on the Nasdaq on Thur 15 Oct 20

 Array Technologies (ARRY) opened its first day of trading at $29.50, up 34% from its $22 pricing. 

The solar ground monitoring system provider priced the upsized offering of 47.5M shares a dollar above its prior range.

The offering included 7M shares from Array and 40.5M from a selling shareholder.

Financials: 2019 sales totaled $647.9M (+123% Y/Y) with $39.7M in net income, up from the prior year's $60.8M loss. For H1 2020, revenue was $552.6M (+145%) with $76M net income.

Publicly-traded competitor: Gibraltar Industries (NASDAQ: ROCK), owner of solar racking company RBI Solar.

Monday, October 12, 2020

IPOs this week : October 12 - 16, 20 (wk 42)

 IPOs expected to price
  • Codiak BioSciences (CDAK), 
  • Array Technologies (ARRY), 
  • MINISO Group (MNSO), 
  • Spinal Elements (SPEL), 
  • Jupiter Wellness (JUPW) and 
  • Aziyo Biologics (NASDAQ:AZYO
IPO lockup expirations
  • Adaptive Biotechnologies (NASDAQ:ADPT), 
  • Atreca (NASDAQ:BCEL), 
  • HeadHunter Group (NASDAQ:HHR) and 
  • Postal Realty Trust (NYSE:PSTL) on October 14. 
IPO quiet period expirations
  • Metacrine (NASDAQ:MTCR), Outset Medical (NASDAQ:OM) and Dyne Therapeutics (NASDAQ:DYN) on October 12, as well as 
  • Athira Pharma (NASDAQ:ATHA) on October 13.