|Bid||31.79 x 900|
|Ask||31.93 x 900|
|Day's Range||31.35 - 32.74|
|52 Week Range||26.35 - 33.75|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||35.50|
The AZEK Company ("AZEK"), an industry-leading manufacturer of beautiful, low-maintenance residential and commercial building products, announced today the debut of its new marketing campaign, "Better Tech, Better Deck." Motivated by the technological superiority and design versatility of its TimberTech building products, the campaign is meant to inspire homeowners looking to build, renovate and remodel this summer season.
Nelson Griggs, President of the Nasdaq, joined Yahoo Finance's The Final Round to discuss the recent IPO's on the Nasdaq this year and his outlook for the market.
Azek Co shares soared more than 22% in their trading debut Friday, as the U.S. IPO market continues to look resilient during the pandemic.
Building products maker Azek continued the recent string of successful initial public offerings. The newly public company’s shares surged more than 18% in their first day of trade on Friday.
The AZEK Company CEO Jesse Singh joins Yahoo Finance’s Akiko Fujita to discuss the company's first day of trading, as AZEK's stock soars.
Shares of Avidity Biosciences Inc. soared 50% in their trading debut on the Nasdaq on Friday after pricing at the top of their initial public offering range, a sign of heightened interest from investors. Avidity, a biotech company that the specializes in treatments for muscular disorders, priced its IPO at $18 a share late Thursday. The company sold 14.4 million shares to raise $259.2 million after twice upsizing the deal; earlier plans called for selling 10 million shares and then 12 million shares. Cowen, SVB Leerink, Credit Suisse and Wells Fargo were among the underwriters. Proceeds will be used to fund development of treatments for DMD and muscle atrophy, as well as for working capital, Avidity has said. Shares of Azek Co. Inc. , another Friday trading debut, also gained significantly, recently up 21%, amid a rebound for broader equity markets.
Azek Co. shares soared 18% in their trading debut Friday, after the company's IPO priced above its price range. Chicago-based Azek sold 33.25 million shares priced at $23 each, above its $19 to $21 price range, to raised $764.8 million. Shares of the maker of low-maintenance but sustainable building materials for outdoor living are trading he New York Stock Exchange starting Friday under the ticker symbol "AZEK." There were 14 underwriters on the deal, led by Barclays. Proceeds of the deal will be used to redeem debt and for general corporate purposes.
The AZEK Company Inc. (formerly CPG Newco LLC) ("AZEK") announced today the pricing of its initial public offering of 33,250,000 shares of its Class A common stock, at a price to the public of $23.00 per share. The underwriters have been granted a 30-day option to purchase up to an additional 4,987,500 shares of Class A common stock from AZEK at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the New York Stock Exchange on June 12, 2020 under the ticker symbol "AZEK." The offering is expected to close on June 16, 2020, subject to customary closing conditions.
The number of U.S. cases of the coronavirus illness COVID-19 marked a grim milestone of more than 2 million on Thursday, and cases continued to climb in 21 states even as they push ahead with reopening economies after lockdowns and restrictions on movement.
The U.S. initial public offering market is gearing up for another busy week with eight deals on tap expected to raise about $2 billion, led by Azek Co., a maker of materials for outdoor living.