May Marks Top Month In2016 For IPOS, But How Does It Compare To Last Year?

May marks the top month for IPO underwriting as 17 have been initiated this month according to NASDAQ. May’s number of IPOs tower over past months of 2016, but fell short of May 2015 significantly:

ipos_may_2016_0.png
Although May IPO initiations look weak year over year, it is the first month in 2016 amounting enough IPOs to match at least 50% of year over year IPO initiations from 2015. If greater uncertainty and shaky market conditions have caused such a decrease in IPOs in 2016, May shows the situation could be getting better by year over year metrics.

The 17 IPOs initiated this month were:
  • Cotiviti Holdings COTV
  • GMS Inc. GMS
  • Landcadia Holdings LCAHU
  • Reata Pharmaceuticals RETA
  • US Foods Holdings Corp USFD
  • Midland States Bancorp MSBI
  • CF Corp CFCOU
  • Merus N.V. MFRUS
  • Grupo Supervielle SUPV
  • Pulse Biosciences PLSE
  • PHaserx PZRX
  • Oncobilogics ONSIU
  • Acacia Communications ACIA
  • Siteone Landscape Supply SITE
  • Turning Point Brands Inc. TRB
  • Spring Bank Pharmaceuticals SBPH
  • Intellia Therapeutics NTLA
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsIPOs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!