Ipo news
Here are some recent IPO (Initial Public Offering) news and updates:
Recent IPOs:
- DoorDash (DASH): Food delivery company DoorDash went public on December 9, 2020, raising $3.4 billion in its IPO.
- Airbnb (ABNB): Short-term rental platform Airbnb went public on December 10, 2020, raising $3.5 billion in its IPO.
- Snowflake (SNOW): Cloud-based data warehousing company Snowflake went public on September 16, 2020, raising $3.4 billion in its IPO.
- Palantir (PLTR): Data analytics company Palantir went public on September 30, 2020, raising $2.1 billion in its IPO.
- JFrog (FROG): DevOps company JFrog went public on May 27, 2020, raising $509 million in its IPO.
Upcoming IPOs:
- Instacart (Instacart): Grocery delivery company Instacart is expected to go public in 2021, with a valuation of around $30 billion.
- Robinhood (Robinhood): Financial services company Robinhood is expected to go public in 2021, with a valuation of around $20 billion.
- C3.ai (C3AI): Artificial intelligence company C3.ai is expected to go public in 2021, with a valuation of around $10 billion.
- Unity Software (UNITY): Game development company Unity Software is expected to go public in 2021, with a valuation of around $10 billion.
- Databricks (Databricks): Data analytics company Databricks is expected to go public in 2021, with a valuation of around $10 billion.
IPO Trends:
- Increased IPO activity: The number of IPOs in 2020 was the highest in over two decades, with 222 IPOs in the US alone.
- Increased valuations: The average IPO valuation in 2020 was around $1.5 billion, up from around $500 million in 2019.
- Increased participation from non-traditional industries: Companies from non-traditional industries such as fintech, healthcare, and e-commerce are increasingly going public.
- Increased use of SPACs: Special purpose acquisition companies (SPACs) are increasingly being used as a way for companies to go public without the traditional IPO process.
IPO News and Analysis:
- IPO market trends: A report by Renaissance Capital found that the IPO market in 2020 was driven by a surge in demand for technology and healthcare stocks.
- IPO performance: A report by IPOX Schuster found that the average IPO return in 2020 was around 20%, outperforming the broader market.
- IPO regulation: The US Securities and Exchange Commission (SEC) has proposed new regulations aimed at improving the IPO process and increasing transparency.
I hope this information is helpful!