IPO Stock IP Group Plc - Complete Overview

Lse / Financial Services / Main Market / IPO Stock

IP Group Plc (IPO) price per share as of 24 May 2018
GBP
Your sentiment
COLDTRENDOMETERHOT
Avg Daily Volume 1.03M
Volatility 35.50% MEDIUM

IP GROUP PLC (IPO) OVERVIEW

IPO stock is a financial services company traded on Lse. Volatility of the stock is MEDIUM, and the daily volume is 35.50% stock on average. It brought investors a total return of -5.26% over the last 12 months.

IP Group Plc (IPO) STOCK PRICE PERFORMANCE

IPO SHAREHOLDER'S RETURN

12 Months Price Performance Negative
Total Return Negative

IPO LATEST NEWS

GreenSky stock opens below IPO price

Shares of GreenSky Inc. are trading near their initial-public-offering price of $23 after the company went public Thursday morning. The first trade was executed at 11:25 a.m. ET for $22.15. GreenSky enables loans at the point-of-sale system and is mainly focused on big-ticket purchases in the home-improvement market. Following a relative lull for financial-technology IPOs, GreenSky's debut is being closely watched by those in the industry and may entice other fintech companies to go public, according to analysts. GreenSky's IPO comes as the Renaissance IPO ETF is up 2.1% on the year and the S&P 500 is up 1.7%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

U.S. IPO Week Ahead: GreenSky And EVO Payments Lead 8-IPO Week

Led by digital lending platform GreenSky and global merchant acquirer EVO Payments, eight companies are scheduled to raise a combined $1.3 billion in the week ahead. GreenSky and EVO are joined by thr

Pluralsight's stock soars in its debut, after IPO prices above expected range

Shares of online education company Pluralsight Inc. started trading Thursday well above its initial-public-offering price. The first trade was at $20 at 11:17 a.m. ET. That was 33% above the IPO price of $15 a share, which was above the expected pricing range of $12 to $14. The company raised $310.5 million in the offering, and can raise up to $357.1 million if the underwriters exercise all the the options granted to buy additional shares. The stock has traded in a range of $19.46 to $20.26 since the first trade, and is currently 32% above the IPO price. The company went public at a time that the Renaissance IPO ETF has gained 2.3% year to date and the S&P 500 has tacked on 2.1%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Pluralsight IPO prices above the expected range to raise $310.5 million

Pluralsight Inc. disclosed Thursday that it priced its initial public offering at $15 a share, which was above the expected range of $12 to $14 provided earlier this week. The online education company is offering 20.7 million shares, to raise $310.5 million. If the underwriter exercise the options to buy up to an additional 3.1 million shares to cover overallotments, the company could raise $357.1 million. The stock will be listed on the Nasdaq Global Select Market under the ticker symbol "PS," and is expected to begin trading later Thursday. The company is going public at a time that the Renaissance IPO ETF has slipped 1.2% over the past three months and the S&P 500 has eased 0.4%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Netshoes' stock plummets again, after J.P. Morgan swings to bearish from bullish

Shares of Netshoes Ltd. plummeted 28% toward a record low in afternoon trade Wednesday, enough to pace the Nasdaq exchange's decliners, after J.P. Morgan swung to bearish from bullish on the Latin America-based online shoe and clothing retailer, following yet another quarter of weak results. The stock's selloff comes after it plunged 44% on Tuesday, after the company reported a wider-than-expected loss for a third-straight quarter and missed on revenue for a fourth-straight quarter. Analyst Andre Baggio cut his rating two notches to underweight, after being at overweight since he started covering the company in May 2017. "Since its IPO, [Netshoes] has disappointed on multiple fronts, leading to declining top line growth and risks a path to profitability," Baggio wrote in a note to clients. "That is leading to a continuous cash burn, which should further stretch its balance sheet. The company went public on April 12, 2017 at an initial public offering price of $18 a share. Over the past 12 months, the stock has tumbled 89.5%, while the Renaissance IPO ETF has gained 15.1% and the S&P 500 has tacked on 13.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Iterum Therapeutics sets terms of IPO, to raise up to $85 million

Iterum Therapeutics set terms Tuesday for its initial public offering, in which the drugmaker could raise up to $85.3 million. The company, which is developing sulopenem antibiotic that could potentially be the first and only oral and intravenous branded penem available globally, is offering 5.3 million shares in the IPO, which is expected to price between $14 to $16 a share. The stock is expected to list on the Nasdaq Global Market under the ticker symbol "ITRM." If the underwriters of the offering exercise all the options granted to buy additional shares, the company could raise up to $98.1 million. Iterum said certain directors and shareholders have expressed interest in buying a total of about $35 million worth of shares in the offering. The company plans to use the proceeds to fund a phase 3 clinical trial, for milestone payments to Pfizer Inc. and for general corporate purposes. Iterum is looking to go public at a time when the Renaissance IPO ETF has lost 1.7% over the past three months and the S&P 500 has eased 0.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

IP Group Plc (IPO) TECHNICAL INDICATORS

Name Value Action
RSI(14) 52.39 Buy
CMO(14) 4.78 Neutral
ADX(14) 29.50 N/A
Williams %R -69.35 Overbought

IPO FORUM DISCUSSIONS