Hot or not? How recent US IPOs performed with a high profile

By Niket Nishant and Manya Sainin August 7 – a stock markets boom and robust debut of significant newcomers have fueled renewed enthusiasm for initial public offers. Design software manufacturer Figma and StableCoin Giant Circle peaked at 333% and 864% above their IPO prices in the days after their debut, and emphasized how eager investors are to get behind the companies they think are future winners. Here is how an ETF detection of Major New Public Stocks has performed against the benchmark S&P 500 over the past year: Below is a look at how some of the biggest IPOs have performed over the past few years: Firefly Aerospace: The Northrop Grumman-backed spacecraft firm has its exchange trading and the price of the series $ 868.3 million. The stock opened almost 56% above the IPO price on the Nasdaq. Figma: The design of software manufacturer Figma raised $ 1.22 billion in his IPO and finished his first day on the NYSE with a striking profit of 250% in July. Its shares are now trading about 6% higher than where they opened, and 174% higher than the IPO price. Chime: The financial technology business has priced its exchange trading above the marketed series and raised $ 864 million in June. The share opened 59% higher on the debut and is now trading almost 22% above the IPO price. Circle Internet: The issuer of StableCoin raised $ 1.05 billion in a large IPO earlier in June, with a valuation of nearly $ 18 billion on a fully diluted base. Its shares more than doubled on the first day, and closed about 168% above the IPO price. The stock trades 134% above its price at Open. EToro: Robinhood-Rival Etoro secured a $ 5.64 billion valuation after its shares rose 34% in their Nasdaq debut in May. The stock and cryptocurrency trading platform raised $ 620m in a larger IPO. The share has dropped 19% since the debut. Coreweave: The Nasdaq debut of the AI cloud firm was subdued in March, but the share jumped almost threefold, despite the fact that it opened almost 3% below the offer price. The Nvidia-backed company raised about $ 1.5 billion in its exchange trading for a valuation of about $ 23 billion on a fully diluted basis. Venture Global LNG: The liquid natural gas exporter raised $ 1.75 billion in January and in January decided to establish almost half the valuation for which it was earlier. The company’s shares opened almost 4% below their IPO price in a subdued NYSE debut. They have since plunged around 40%. Sailpoint: The shares of the Thoma Bravo-supported Identity Security Company traded in their Nasdaq debut and valued it at $ 12.8 billion. The share has lost almost 12%since. The company in Austin, Texas, raised $ 1.38 billion in a large IPO. Poor Holdings: The Chip designer raised $ 4.87 billion in September 2023 and valued it at $ 54.5 billion. It sought a valuation of as much as $ 52 billion. The company’s shares increased by 10%. The stock has since doubled. Instacart: The company in San Francisco, recorded as Maplebear, was priced at the top of the marketed series in its IPO. It raised $ 660 million in September 2023 at a valuation of nearly $ 9.9 billion. It rose its proposed price range and targeted a valuation of up to $ 10 billion. The stock of the groceries delivery has pushed 40% to the open and has since risen about 14%. Viking Holdings: The bursary trading of the speed operator raised $ 1.54 billion in April last year and valued it at $ 10.35 billion. It sought a valuation of as much as $ 10.8 billion to the offer. Viking’s shares have opened 9% above their offer price and have since doubled. Standardaero: The supplier of airplane maintenance maintenance services recorded a valuation of about $ 8 billion after praising its offer over the series to raise $ 1.44 billion in October last year. It initially targeted a valuation of up to $ 7.69 billion. The shares of the Carlyle-backed company started trading 29% above the offer price. They have lost about 9%since. Lineage: The Cold Storage Real Estate Investment Trust raised $ 4.45 billion in its listing in July 2024, with a valuation of more than $ 18 billion. It aimed to be a valuation of as high as $ 19.16 billion. The company’s share rose 5% in its Nasdaq debut at the open. However, it dropped 46% below the price at Open. Reddit: Social media giant reached $ 748 million in its exchange trading in March last year, which valued it at $ 6.4 billion – the upper end of the target range on which it advertised. The stock opened 38% above the offer price and has since jumped more than fourfold. Birkenstock: The 250-year-old German sandal manufacturer raised $ 1.48 billion and was valued at $ 9.3 billion in October 2023, slightly lower than the $ 10 billion target. Its shares debuted 11% below their IPO price, but has since increased by 20%. ** Note: Inventory performance as the debut is calculated based on the opening trade ** Sources: LIBER, LSEG, Reuters’ reports This article is generated from an automated news agency feed without edits to text.