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

Friday, June 15, 2018

Puxin (NEW) began trading on the NYSE on Fri 15 June 2018

Puxin provides K-12 after school education services to students in China.  It is growing revenue rapidly but faces scaling challenges in terms of efficiencies and a debt-heavy balance sheet.

At a price range of $17 to $20 per share, the company plans to raise up to $144 million and has an expected market cap of ~$1.7 billion.