The Week Ahead In The IPO Market

There are three companies that will see their stocks trade for the first time on a public stock market in the coming week, including:

WildHorse Resource Development, to be traded on the NYSE under ticker WRD; Trivago, to be traded under TRVG on the NASDAQ; and TiGenix, also to be traded on the NASDAQ under ticker TIG.

WildHorse Resource

Based in Houston, WildHorse Resource is an energy company that owns 375,000 net acres under lease, including 267,000 net acres in the Eagle Ford region and 108,000 net acres in North Louisiana.

As noted by Oilandgas360.com, WildHorse will join Centennial Resource Development Inc CDEV and Extraction Oil & Gas Inc XOG, two other E&P companies gone public in 2016.

Trivago

Germany-based Trivago, officially named Travel B.V., will change its name to match its popular travel booking company, Trivago.com.

According to TechCrunch, the company was founded in 2005 and sold a majority stake of itself to Expedia Inc EXPE in 2012 for $632 million and is a direct competitor to Kayak and Tripadvisor Inc TRIP.

TiGenix

TiGenix, a stem cell therapy specialties, is undergoing a phase 3 trial of its Cx601 therapy. According to Fierce Biotech, the company's therapy has already met the primary endpoint of combined remission of complex perianal fistulas in patients with Crohn's disease in one phase 3.

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Posted In: NewsPreviewsIPOsTrading IdeasGeneralIPOKayakTigenixTrivagoWildHorse ResourceWildHorse Resource Development
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