If you like a fast moving, action packed IPO market then you have likely been disappointed lately. But, never worry, that is expected to change! The summer time market has officially come to and end, and many IPO analysts are ready for the IPO activity to pick up this week. While there are no IPOs actually scheduled to launch this week, there are a few that are eligible to launch. Based on recent filings, the tech sector could see a flurry of deals launch. Investors will no doubt be interested in seeing if the sector's hot streak can continue.
Stat: Of the 13 tech IPOs (which have raised over $50 million in the past 12 months by the way), have an average return of +80%.
There were only two companies that started the IPO process last week. First we have Tennessee bank CapStar Financial
CapStar has $1.3 billion in assets and competes with FB Financial
Avista Healthcare Public Acquisition
Lastly, we did see updated filings submitted by Athene Holding