Last week the IPO market only had one small company go public. As the summer comes to an end, the IPO investors give the markets a pass as this is right in the middle of the annual summer slowdown. Stellar Acquisition III
• For 2016 so far, the average IPO is up 29.5%.
• If we back out the health care sector, every IPO is currently trading above its issue price.
• Tech IPOs are the best performers so far for 2016, averaging a gain of +96%. IPO analysts continue to affirm that those strong returns should drive a long overdue pickup in tech IPO activity in the fall.
• 32 companies have either filed for an IPO, or have updated their listing in the past 60 days.
Of those 32 companies three companies look like they will be first up after the holiday. The most exciting one would be Everbridge