IPOs this week : Dec 23 - 27, 19

No new U.S. pricings are expected in the week ahead.

IPO lockup expirations

• IPO lockups expire on Cambium Networks (NASDAQ:CMBM) on December 23; 

• Change Healthcare (NASDAQ:CHNG), Bridgebio Pharma (NASDAQ:BBIO), Adaptive Biotechnologies (NASDAQ:ADPT), Morphic Holding (NASDAQ:MORF) on December 24 and 

• The RealReal (NASDAQ:REAL) and Karuna Therapeutics (NASDAQ:KRTX) on December 26. 

Keep an eye on Bridgebio Pharma (+115% from IPO) and Karuna Therapeutics (+360%) in particular. Meanwhile, RealReal could ride out the lockup expiration in fine fashion with analysts still very bullish.

The RealReal (REAL) began trading on the Nasdaq on Fri 28 June 2019

The RealReal, Inc. operates an online marketplace for consigned luxury goods.

• Sector(s): Consumer Cyclical
• Industry: Specialty Retail
• Full Time Employees: 2,353
• Founded in 2011 
• Headquartered in San Francisco, California
• http://www.therealreal.com

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.