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

Monday, December 7, 2020

IPOs this week : Dec 7 - 11, 20 (wk 50)

IPOs expected to price 

  • DoorDash (DASH); DoorDash expects to raise over $3B after targeting an even higher price range of $90 to $95 to imply a Chipotle-like market valuation of over $35B. 
  • C3.ai (NYSE:AI); machine learning software specialist C3.ai, shooting to raise over $500M through its offering. 
  • Airbnb (ABNB); Airbnb goes public with the travel sector still being disrupted by the pandemic, but expectations high. "It’s the Apple of travel," says Atlantic Equities ahead of the debut. Airbnb set a projected target range of $44 to $50 a share for its IPO. The company plans to sell 50M shares, while existing shareholders are selling another 1.9M.
  • Hydrofarm Holdings (HYFM);  Hydrofarm aims to raise $130M to grow out its vertical farming business and 
  • Certara (CERT), which uses biosimulation software to create virtual trials that use virtual patients to predict how drugs behave in different people. The company is profitable is in its early going. 
  • PubMatic (PUBM), programmatic advertising firm is looking to bring in $75M.
IPO lockup expirations

  • Vroom (NASDAQ:VRM) on December 7, as well as Lantern Pharma, (NASDAQ:LTRN), Biopharma Generation Bio (NASDAQ:GBIO), AZEK Company, (NYSE:AZEK) and Avidity Biosciences (NASDAQ:RNA) on December 8.

Monday, July 6, 2020

IPOs this week : July 6 - 10, 20 (wk 27)

IPOs expected to price

  • Postmates (POSTM) could file for an initial public offering next week if the company decides market conditions are right. 

IPO quiet period expirations

  • Vroom (NASDAQ:VRM) on July 6. Vroom closed on Friday at about 149% above where its IPO was priced, which could limit the price targets from analysts. 
  • AZEK (NYSE:AZEK), Generation Bio (NASDAQ:GBIO), Avidity Bio (NASDAQ:RNA), Vaxcyte (NASDAQ:PCVX) and Burning Rock (NASDAQ:BNR) on July 7.