This week has seen multiple companies launch successful IPOs, ushered in by soaring share prices and investor interest well through their IPO debut day.
Earlier in the week, Novan Inc NOVN and Trade Desk Inc TTD's shares rise over 60 percent in their first trading session. Both continued the momentum into the following day.
Trade Desk, which was priced at $18 a share, jumped over 60 percent in the first day of trading and reached a high of $31.70 early Thursday. Novan, which was priced at $11, experienced a similar investor interest right out of the gate, with share prices increasing by over 60 percent and reached a high of $21.35 Thursday, still showing an uphill trend.
More Ahead
IPOs are hot right now and there are still a few closing out the month to keep an eye out for:
- AC Immune SA ACIU: Friday; 4,545,456 shares at $11.00–$13.00.
- Apptio Inc. APTI: Friday; 6 million shared at $13.00–15.00.
- Full Spectrum Inc. FMAX: Friday; 1,875,000 shared at $7–$9.
- Gridsum Holding GSUM: Friday; 6,521,740 shares at $10.50–$12.50.
- Valvoline International Inc. VVV: Friday; 30,000,000 shares at $20–$30.
- Fulgent Genetics Inc. FLGT: September 28; 4,600,000 shares at $12–$14.
- Alliance MMA, Inc. AMMA: September 29; 3,333,333 shares at $4.50.
- Medequities Realty Trust, Inc. MRT: September 29; 19,925,333 shares at $12–$14.
- Tabula Rasa Healthcare, Inc. TRHC: September 29; 4,300,000 shares at $13–$15.
- Nutanix, Inc NTNX: September 30; 14,000,000 shares at $11–$13.
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