Leading TV streaming company Roku (ROKU) is enjoying a successful debut on the Nasdaq, so far. Tha stock opened higher than its offer price and ended the day with a breathtaking gain of 66%.The initial public offering is garnering a lot of attention from investors and non-investors alike as one of the companies that led the […]
Alibaba-funded logistics and supply-chain company Best Inc. (BSTI) sent a worrying signal to the market after it slashed the size of its initial public offering and priced at the low end of its expected range.Just Monday the Chinese company was planning on raising about $870 million, but that’s down to around $450 million now. At the […]
Looking at the chart and investor interest Chicken Soup for the Soul Entertainment (CSSE) may need some more positive affirmations.The price broke when it debuted on the Nasdaq Aug. 18, raising some concerns about how much market success could be expected from a crowdfunded Mini-IPO.After a slow rebound, the stock is still no back below […]
YogaWorks, which planned to go public today, decided not to price its initial public offering.Underwriters cited “market conditions,” but it looks more likely the company and the underwriters want to avoid its stock becoming a downward dog.The terrible performance of Blue Apron (APRN), which is down nearly 35% since its debut on June 29.YogaWorks Planned […]
Biotech company Avenue Therapeutics was supposed to hit the market last week, but demand was clearly a problem. The company, which will trade on the Nasdaq under the symbol ATXI, is now day to day on when it will price its IPO.Avenue is focusing on developing intravenous delivery for tramadol, a synthetic opioid used to […]
Memory chip maker Smart Global Holdings (SGH) raised much less than expected with its initial public offering Wednesday, but shares moved higher when it opened on the Nasdaq.Smart Global, which does business as Smart Modular, priced 5.3 million shares at $11 per share. That was well below the expected range of $13 to $15 per […]