|Bid||0.00 x 1100|
|Ask||54.00 x 1800|
|Day's Range||54.63 - 56.13|
|52 Week Range||25.77 - 77.05|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-4.93%|
|Beta (5Y Monthly)||1.30|
|Expense Ratio (net)||0.60%|
The U.S. IPO market produced its busiest quarter since 2000, according to Renaissance Capital. Kathleen Smith, Renaissance IPO ETF Manager, joins Yahoo Finance Live discuss the U.S. IPO market and SPACs amid the pandemic.
Robinhood, the app-based trading platform, looks set to hit the public markets this year after filing confidential paperwork with the Securities and Exchange Commission this week.
ThredUp said Thursday that is will offer 12 million shares of class A stock when it begins trading, with pricing expected to be in the the range of $12 and $14. The secondhand online retailer plans to raise $156 million. ThredUp will trade on the Nasdaq under the ticker "TDUP." Goldman Sachs & Co., Morgan Stanley and Barclays are the lead underwriters. The Renaissance IPO ETF has more than tripled in the past year, up 202.4% while the S&P 500 index is up 65.7% for the period.