IPO Market On Fire: NYSE Welcomes 4; NASDAQ Introduces 2


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Thursday’s session continues with a hot IPO market; The New York Stock Exchange introduces four new stocks, NASDAQ introduces two:

NYSE Welcomes:

Glaukos Corporation (NYSE: GKOS) - Will offer 6 million shares of common stock at the price of $18 per share, up from expected $16-$17 per share. Glaukos has raised $108 million.
Shares have spiked 62.56 percent to $29.22 per share.

TransUnion (NYSE: TRU) - 9.5 million shares. According to the New York Times, it could sell an additional 4.4 million “if an over allotment is fully exercised.” Shares will be priced at $22.50 per share, in the upper end of expected $21-$23 per share. Company valued at ~$4 billion.
Shares Spiked 9.16 percent to $24.56.

Milacron Holdings Corporation (NYSE: MCRN) - ~14.285 million shares at $20 per share, in range with expected price targets of $20-$22 per share; will raise a total of approximately $286 million.
Shares Slightly Declined 0.20 percent to $19.91.

Gener8 Maritime Inc (NYSE: GNRT) - 15 million common shares at $14 per share, down from expected $17-$19 per share. The offering will raise a total of $210 million.
Shares Declined 7.36 percent to $12.97.

NASDAQ Introduces:

Catabasis Pharmaceuticals Inc (NASDAQ: CATB) - Catabasis will be offering 5 million shares at the price of $12 per share, below expected price range of $13-$15 per share. The initial public offering will be released on NASDAQ for quotation at 10:35 ET and will be trading at ~10:50 ET.
Shares Have Spiked 7.17 percent t $12.86.

Lantheus Holdings (NASDAQ: LNTH) - ~10.83 million shares at the price of $6 per share, below expected range of $8.50-$10.50 per share. The deal size was reduced about 13 percent; The initial public offering will be released on NASDAQ for quotation at 9:45 ET and shares will be trading at ~10:00 ET.
Shares Spiked 5 percent to $6.30.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsIPOs