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Last week Zscaler (ZS) ripped to a new high on strong earnings. Today, it's Pivotal Software's (PVTL) turn. PVTL rose about 25 percent in morning trading to a new high after subscription revenue shot up 69 percent. Profit beat. Revenue beat. Guidance wowed. Never...
For years, initial public offerings performed poorly. But that seems to be changing right before our eyes. Several companies have ripped higher since going public in the last few months. Technology has dominated the trend, including some prominent names from China....
Initial public offerings had their best May since 2013 and remain firmly ahead of last year’s pace.
Technology has dominated IPOs recently, but some energy names and a yoga-themed hotelier have also surged of late.
April is shaping up to the best month for initial public offerings in years. Data from ClickIPO shows over $10 billion of new equity entered the market in April. That's the most since September 2014. Combined volume in the first four months of the year also stands at...