IPOs this week : Sept 23 - 27, 19 (wk 39)

IPOs expected to price
Peloton Interactive (PTON) is the headliner in the IPO market with a pricing expected next week. The company reported $915M in revenue for its last fiscal year and a loss of $196M on high R&D and marketing costs. Peloton plans to sell 40M shares to the public in a range of $26 and $29 a share. There are some early indications that the pricing could be below the targeted range.

Other IPOs expected to price in the week ahead include 

• Oportun Financial (OPRT) on September 25 and 
• Endeavor Group (EDR) on September 26. 

In Asia, the Budweiser Brewing Co. (BUDBC) IPO is set to price in Anheuser-Busch InBev's (NYSE:BUD) second crack at raising some funds to pay off debt.

IPO lockup expirations
IPO lockup expirations arrive on 

• Linx (NYSE:LINX), 
• Precision BioSciences (NASDAQ:DTIL) and 
• Puyi (NASDAQ:PUYI) on September 24.

IPOs this week : June 24 - 28, 19

Volkswagen's (OTCPK:VWAGY) Traton is holding investor meetings in London, Paris and Munich next week after gauging response in the U.S. The trucking unit IPO is expected to bring in around €1.5B at the midpoint of its range of €27 to €33 per share.

IPOs expected to price during the week include

• Cambium Networks (CMBM) on June 25 to be followed by 
• Change Healthcare (CHNG), Linx (LINX), Bridgebio Pharma (BBIO), Adaptive Biotechnologies (ADPT) and Morphic Holding (MORF) on June 26 as well as 
• Karuna Therapeutics (KRTX) and RealReal (REAL) on June 27. 

In Hong Kong, assisted-reproduction company Jinxin Fertility Group is expected to start trading next week.

IPO lockup expirations:

• Genfit (NASDAQ:GNFT) and Puhui Wealth Investment Management (NASDAQ:PHCF) on June 25.