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IPO Investor Look Ahead For The Week Of March 24, 2014

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IPO Investor Look Ahead For The Week Of March 24, 2014

Since January 1, 56 fresh IPOs have raised over $9.2 billion in gross proceeds and the current IPO market is just heating up.

The madness continues this week, with 11 companies slated to begin trading shares publicly.

Expected to open for trading this week are:

  • CBS Outdoor Americas, Inc (NYSE: CBSO),
  • Everyday Health (NYSE: EVDY),
  • Aerohive Networks, Inc (NYSE: HIVE),
  • 2U, Inc (NASDAQ: TWOU),
  • Square 1 Financial (NASDAQ: SQBK),
  • King Digital Entertainment (NYSE: KING),
  • Trinet Group (NYSE: TNET),
  • 1347 Property Insurance Holdings, Inc (NASDAQ: PIH),
  • Nord Anglia Education (NYSE: NORD),
  • Bluerock Residential Growth REIT (NYSE: BRG), and
  • Energous Corp (NASDAQ: WATT).

Not all IPOs are created equally though, so which ones are the most interesting?

King Digital Entertainment

Creator of the hit Candy Crush Saga, King Digital Entertainment, is expected to raise over $500,000,000 in its IPO this week. The company is offering just over seven percent of the total shares in its IPO.

See also: Box Files For IPO

With strong financials, and a deep lineup of bookrunners, it will be exciting to see how it opens for trading. The book runners for King are Barclays Capital, Credit Suisse , Deutsche Bank, J.P. Morgan, Merrill Lynch and RBC Capital Markets.

CBS Outdoor Americas

Specializing in what is seen while driving, CBS Outdoor Americas focuses its business on billboard marketing. Its portfolio, mainly consisting of billboard displays are located across the United States, Canada and Latin America, predominantly in densely populated major metropolitan areas and along high-traffic expressways. The company is this week's largest issue, expecting to price its 20,000,000 share offer between $26.00 and $28.00.

2U, Inc.

Call it cloud-based something and the masses will come running. 2U is shaping up to be no different, offering its cloud-based software as a service solution for nonprofit colleges and universities. The online learning platform offers educational content with live classes in an intimate and engaging setting through its proprietary web-based and mobile applications.

2U will be offering 23 percent of the company in an effort to raise almost $120,000,000 that will be used for driving new student enrollments into client programs and for the technology to support the ongoing services.

Disclosure: At the time of this writing, the author holds no positions any of the above companies.

This article was submitted by an external contributor and may not represent the views and opinions of Benzinga.

 

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Posted-In: 1347 Property Insurance 2U Aerohive Networks Bluerock Residential Growth REIT Candy Crush CBS Outdoor AmericasNews IPOs

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