IPO market faces busiest week of the year — if all 19 deals on calendar are pushed through

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

The U.S. initial public offering market is bracing for what would be the busiest week of the year so far — if all 19 deals on the roster are pushed through.

That may not happen, after an eye-popping selloff Monday that sent the Dow Jones Industrial Average DJIA, -2.09% down 900 points amid growing concerns about the fast-spreading delta variant of COVID-19 and rising tensions between the U.S. and China.

The Renaissance IPO ETF IPO, +0.66% has fallen 6% to date in 2021, underperforming the benchmark S&P 500 SPX, -1.59%, which has gained about 13%. “The company assists in the placement of hard-to-place risks for retail insurance brokers, and the sourcing, onboarding, underwriting, and servicing of those hard-to-place risks for insurance carriers,” Smith wrote.

Following that is Instructure Holdings INST, , an educational company that has developed a learning management system, which is aiming to raise up to $262.5 million at a $2.9 billion valuation. The company has applied to list on NYSE under the ticker symbol “INST.” Morgan Stanley, JPMorgan and Citigroup are lead underwriters in a syndicate of 14 banks.• Zevia PBC ZVIA, , a beverage company that makes zero-calorie and zero-sugar beverages with “clean” ingredients. The Encino, Calif.

See: Authentic Brands IPO: 5 things to know about the company behind Sports Illustrated, Forever 21 and Marilyn Monroe

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Patiently waiting 🤑

Garbage product. Way to pump Smells like weasel piss. Can’t imagine what it tastes like 👍

nice

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines