The holiday shortened week offers no IPO's for investors to ponder. This is common so have no fear, the IPO markets will be back in full swing next week along with a handful of names ready to take on the markets.
Some of those IPO's include SNAP, Inc. (NYSE: SNAP) which set its terms this last week. The company said it will be looking for $3 billion on March first which would put the companies valuation between $20 and $22 billion. Remember they have no profits to speak of at the moment, just like Twitter (NASDAQ: TWTR) which had an $18 billion valuation at its IPO. Investors will have to believe strongly that Snapchats audience and be further monetized and that the company will have bigger and better offerings in the future.
Looking forward a few weeks at those companies that are looking to come to the public market there are many opportunities and variety of sectors to choose from. We will have retail names, food processing names ,oil, IT, and packaging IPO's to choose from. So enjoy the short week, but if your an avid IPO investor don't go far as your hands will be full in the coming weeks.