IPOs Back With A Bang 💥

by | 22 Apr, 2019

IPOs Back With A Bang

We’ve got a flood of big-name IPOs gearing up to hit the market in the coming months and investors are getting fired up about it. Make sure you don’t miss out!

The start of 2019 saw a sizeable delay in the IPO markets thanks to the 35-day government shutdown that threw the brakes on new listings and hurt investment banks underwriting departments significantly. Listings declined 41% in the first quarter, while proceeds fell 74% as only 199 companies reached public markets.

Now, however, we’re back on track with some blockbuster names to come. Uber, Pinterest, McLaren, Airbnb and Slack are poised to hit the markets this year, but will be feeling a bit shaky after witnessing Lyft’s catastrophic 30% plunge. 

2018’s IPO market was a tough place to be, with over 66% of all IPOs remaining under their IPO price by the end of the year – and 2019 may be no different. Despite the dismal performance of many new IPOs, the Renaissance IPO ETF, has been performing extremely well since the start of 2019, rising 36%. Nice!

Uber’s massive IPO may well follow the same trajectory as its rival Lyft’s, but Pinterest’s powerful ad-based business model has peaked intestors’ interest and may just be able to buck the trend of sunk IPOs. Who’s ready for the IPO bonanza?

Avengers Crushes Box-Office Records

All emails include an unsubscribe link. You can opt-out at any time. ​See our privacy policy.

ALL RIGHTS RESERVED © INVSTR LTD. 2018

Risk Disclosure:
Invstr is a technology platform, not a registered broker-dealer or investment adviser. Invstr does not offer its own recommendations of any security or provide its own research to any user regarding any security transaction or order.
Please note, investing involves risk and investments may lose value. Past performance does not guarantee future results.
Brokerage services are provided by the following:
US-traded securities, including fractional trading, are provided to Invstr users by DriveWealth LLC, a regulated member of FINRA/SIPC. DriveWealth may not establish investment accounts to residents of certain jurisdictions. For more information, including disclaimers, risk and transaction fees click here.

Download on the App Store           Download on Google Play

ALL RIGHTS RESERVED © INVSTR LTD. 2018

Risk Disclosure:
Invstr is a technology platform, not a registered broker-dealer or investment adviser. Invstr does not offer its own recommendations of any security or provide its own research to any user regarding any security transaction or order.
Please note, investing involves risk and investments may lose value. Past performance does not guarantee future results.
Brokerage services are provided by the following:
US-traded securities, including fractional trading, are provided to Invstr users by DriveWealth LLC, a regulated member of FINRA/SIPC. DriveWealth may not establish investment accounts to residents of certain jurisdictions. For more information, including disclaimers, risk and transaction fees click here.

 

Share This