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

Monday, April 12, 2021

IPOs this week : Apr 12 - 16, 21 (wk 15)

IPOs expected to price
  •  Alkami Technology (ALKT), 

  • AppLovin (APP), 

    TuSimple (TSP) and 

  • Karat Packaging (KRT

 
 IPO quiet period expirations
  • Duckhorn Portfolio (NYSE:NAPA), 
  • Olo (NYSE:OLO), 
  • Sun Country Airlines (NASDAQ:SNCY), 
  • Tuya (NYSE:TUYA), 
  • Vine Energy (NYSE:VEI), 
  • Connect BioPharm (NASDAQ:CNTB) and 
  • Finch Therapeutics (NASDAQ:FNCH) next week. 
Sun Country may be the most interesting of the bunch to watch. The airline stock trades more than 50% over its IPO pricing level, but industry booking trends have started to heat up.

Coinbase preview: Coinbase (COINB) is expected to start trading on April 14. Ahead of the direct listing, the company reported Q1 revenue of about $1.8B vs. $191M a year ago. Coinbase also said it has 56M verified users. Trading on the private market has valued Coinbase at about $68B or $100B after factoring in a fully-diluted share count. D.A. Davidson is already on the books with a price target on Coinbase of $440.