-
Renaissance Capital Debuts New International IPO ETF
Thursday, October 9, 2014 - 10:09am | 460This week marked the launch of Renaissance Capital’s second foray in the world of ETFs. The Renaissance International IPO ETF (NYSE: IPOS) tracks an index newly issued foreign companies. This ETF joined the NYSE Arca exchange on October 6 and charges a total gross expense ratio of 0.80...
-
IPO Lookout: Busy Week Brings The Biggest IPO Since Facebook
Monday, July 28, 2014 - 3:50pm | 1492This should be a big week for initial public offerings, with 23 new issues on the docket, including Synchrony Financial (NYSE: SYF), the biggest IPO since Facebook (NASDAQ: FB). Founded in 1932, Synchrony Financial is one of the largest consumer credit lenders in the United States. Through a...
-
IPO Lookout: Lots of Action This Week, But Is Anything A Worthwhile Investment?
Monday, July 21, 2014 - 4:37pm | 752The week of July 21 is a continuation of the IPO ramp-up, with 13 new issues expected to price, raising $1.5 billion in proceeds. Orion Engineered Carbons (NYSE: OEC), the largest IPO, expects to price its 18 million-share IPO between $21 and $24 through Morgan Stanley and Goldman Sachs. The...
-
IPO Lookout: 14 IPOs For The Week Of June 16
Monday, June 16, 2014 - 9:25am | 812This past week, the market welcomed seven new issues: Abengoa Yield (NASDAQ: ABY), Memorial Resource Development (NASDAQ: MRD), Mobile Iron (NASDAQ: MOBL), Aspen Aerogels (NYSE: ASPN), Zhaopin (NYSE: ZPIN), Trinseo (NYSE: TSE), and Nordic American Offshore (NYSE: NAO). These stocks were mostly...
-
Social Media ETF Enters Bear Market Territory
Wednesday, April 16, 2014 - 4:13pm | 478While much of the decline in momentum stocks has been focused on the biotechnology sector, another industry group that has been torched this year is social media stocks. The Global X Social Media Index Fund (NASDAQ: SOCL) tracks a concentrated group of 27 global companies engaged in social...
-
IPO Lookout: IPOs for the Week of March 31
Monday, March 31, 2014 - 4:37pm | 646Nine more IPOs will be available to traders in the secondary market this week as the total number of year-to-date offerings rises from 75 to 84. So is the slight decrease a sign that the IPO market is cooling off? Not a chance. Last year, from January 1 to March 31, there were 43 IPOs and this...
-
IPO's Risk or Reward?
Friday, December 2, 2011 - 5:39pm | 360“To the extent that the IPO price is a forecast of the secondary market price for the stock, these forecasts are not only biased downward (underpricing), but the range of the forecast (or pricing) errors is huge,” according to The Variability of IPO Initial Returns, Lowry, Officer, and Schwert....
-
Vanguard Health's Disappointing IPO
Wednesday, June 22, 2011 - 8:21am | 155Vanguard Health Systems, a hospital operator controlled by Blackstone Group (NYSE: BX), managed to raise just $450 million Tuesday in its initial public offering, which was 22% less than it had sought. After LinkedIn (NYSE: LKND) and Pandora Media (NYSE: P) fell 29% and 16%, respectively,...
-
Commercial Real Estate Week in Review
Saturday, June 19, 2010 - 6:00am | 487Commercial Real Estate Week in Review-June 13-19 -Interested in a long term investment? It may be the time to get into REITs. -Sunway REIT on track for $522MM IPO. -Kimco Realty (NYSE: KIM) and Big Shopping Centers (NYSE: BIG) enter into a joint venture to purchase $422MM retail...