IPOs this week : Sept 16 - 20, 19 (wk 38)

IPOs expected to price

• Envista (NVST) and IGM Biosciences (IGMS) are expected to price their IPOs on September 17 to be followed by pricings for 
• Datadog (DDOG), Ping Identity Holding (PING) and Exagen (XGN) on September 18. 

IPO lockup expirations

• IPO share lockups arrive on Up Fintech Holding (NASDAQ:TIGR) on September 16, 
• as well as Levi Strauss (NYSE:LEVI) and Canada-traded Cansortium on September 17. 

In other IPO developments to watch, WeWork (WE) will officially begin marketing shares to investors next week ahead with the IPO on track and Anheuser-Busch InBev (NYSE:BUD) will be watched closely for indications of where demand stands for the Budweiser Brewing Co. (BUDBC) IPO.

Also, keep an eye on Peloton (PTON) and its quest for a $1B valuation. D.A. Davidson jumped the gun by rating the exercise equipment company at Neutral even before the IPO has fired off. "While valuation is actually more agreeable than anticipated on forward estimates, it is still fairly robust, and we will wait for a better entry point," stated the firm.

IPOs this week : March 18 - 22, 2019

IPO pricings: 

• Up Fintech (TIGR) is expected to price its offering on March 19. 
• In a notable deal for the apparel sector, Levi Strauss (LEVI) is expected to price its IPO on March 20. The iconic company is offering 36.7M shares in an expected range of $14 to $16. The timing could be good for the Levi Strauss IPO after American Eagle Outfitters (NYSE:AEO) and Abercrombie & Fitch (NYSE:ANF) both cited strong demand for denim products in their Q4 earnings reports. 
• Alight (ALIT) is pricing its IPO on March 21, 
• while across the Pacific, luxury auto specialist Shanghai Dongzheng Automotive is due to price 533M shares in an expected range of HK$4.20 to HK$6.30. 

IPO lockup expirations: 

• Aptorum (NASDAQ:APM) and X Financial (NYSE:XYF) on March 18; 
• Bank7 (NASDAQ:BSVN), Eventbrite (NYSE:EB) and Elanco Animal Health (NYSE:ELAN) on March 19; 
• Farfetch (NYSE:FTCH), Y-mAbs Therapeutics (NASDAQ:YMAB) and Golden Bull (NASDAQ:DNJR) on March 20.