Market Overview

May Marks Top Month In 2016 For IPOs, But How Does It Compare To Last Year?

Share:
May Marks Top Month In 2016 For IPOs, But How Does It Compare To Last Year?
Related
Benzinga's Top Upgrades, Downgrades For April 7, 2017
7 Best Performing IPOs Of 2016
Related
5 Biggest Price Target Changes For Monday
Benzinga's Top Upgrades, Downgrades For July 3, 2017

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 the previous 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 percent 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.

Related Link: What Happened To All The Tech IPOs? Should Investors Be Worried?

The 17 IPOs initiated this month were as follows:

  • Cotiviti Holdings Inc (NYSE: COTV)
  • GMS Inc (NYSE: GMS)
  • Landcadia Holdings Inc (NASDAQ: LCAHU)
  • Reata Pharmaceuticals Inc (NASDAQ: RETA)
  • US Foods Holdings Corp (NYSE: USFD)
  • Midland States Bancorp Inc (NASDAQ: MSBI)
  • CF Corp (NASDAQ: CFCOU)
  • Merus BV (NASDAQ: MRUS)
  • Grupo Supervielle SA -ADR (NYSE: SUPV)
  • Pulse Biosciences Inc (NASDAQ: PLSE)
  • PhaseRx Inc (NASDAQ: PZRX)
  • Oncobiologics Inc (NASDAQ: ONSIU)
  • Acacia Communications, Inc. (NASDAQ: ACIA)
  • SiteOne Landscape Supply Inc (NYSE: SITE)
  • Turning Point Brands Inc. (NYSE: TPB)
  • Spring Bank Pharmaceuticals Inc (NASDAQ: SBPH)
  • Intellia Therapeutics Inc (NASDAQ: NTLA)

Posted-In: NASDAQEducation IPOs Media General Best of Benzinga

 

Related Articles (ACIA + COTV)

View Comments and Join the Discussion!