IPOs and Secondaries

IPOs and Secondaries Articles

The initial public offering market  in 2012 is likely to be much stronger than many anticipate. Despite the lingering uncertainty and the underperformance of many popular IPOs in 2011, this year may...
The IPO market is 2011 was not the greatest of the last decade.  Some deals soared, but many deals flopped.  We were very skeptical of many of the internet IPOs but we did not expect to find that...
Enterprise Products Partners L.P. (NYSE: EPD) is cleaning out of its position in Energy Transfer Equity, L.P. (NYSE: ETE).  The MLP has announced that it has agreed to sell 22,762,636 common units...
Zynga, Inc. (NASDAQ: ZNGA) is an initial public offering in trouble.  Whether you call it a busted IPO, a broken IPO, or something else is up to you, but the sell-off from the start needs to be a...
Zynga Inc. (NASDAQ: ZNGA) was supposed to be attractively priced as far as how the company was given a $7 billion valuation at its IPO price.  Some talk was that the IPO could have been valued at...
ZyngaZynga Inc. (NASDAQ: ZNGA) is a done deal.  The online social gaming company sold 100 million of its Class A shares at $10.00 per share, which was the top of the expected range.  The market...
ARIAD Pharmaceuticals, Inc. (NASDAQ: ARIA) is raising cash to help support the commercialization of ponatinib in patients with resistant or intolerant CML and additional clinical development of its...
Keating Capital, Inc. (NASDAQ: KIPO) is debuting in trading today.  The closed-end fund is a pre-IPO fund and it had approximately $77 million in assets as of September 30, 2011.  If you recall, we...
Inergy Midstream L.P. has indicated its IPO price range as being $19-$21/common unit and will offer 16 million units when the company goes public. It will trade on the NYSE under the symbol...
Michael Kors Holdings Limited has filed its paperwork with the SEC to conduct a U.S. initial public offering.  The luxury goods and apparel maker sells to the jet-set crowd.  The IPO paperwork...
Transocean Ltd. (NYSE: RIG) yesterday announced a secondary offering of 26 million shares. The sale was completed today at a share price of $40.50, more than a dollar lower than the stock’s closing...
Is Facebook worth more than Silicon Valley icon Cisco Systems (NASDAQ: CSCO)? The market seems to think so. Facebook may launch an IPO in the spring that would raise $10 billion and value the company...
Groupon, Inc.(NASDAQ: GRPN) was the talk of the IPO world and the market was willing to overlook all of the concerns we had about the offering in early November.  Now Groupon is a busted IPO.  Very...
Sequenom, Inc. (NASDAQ: SQNM) has just filed to raise up to $150 million in a mixed securities shelf offering.  The diagnostics company could sell any combination of Common Stock, Preferred Stock,...
Netflix, Inc. (NASDAQ: NFLX) is showing that it is nowhere at all close to representing a “value stock” today as many investors have been hoping.  The company has filed a shelf registration...