|Bid||19.85 x 800|
|Ask||24.30 x 3200|
|Day's Range||22.66 - 23.61|
|52 Week Range||18.05 - 24.89|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Uber Technologies and Beyond Meat are among new IPOs with interesting stock charts. But Pinterest and Lyft show why you shouldn't buy IPO stocks right away. Here's how to handle them.
Shares of recently public tech names have all rallied this week, but the broader trend is that investors are clearly separating out the wheat from the chaff, as TheStreet predicted not long ago. The trend, however, shows a a separation: the big consumer names, Uber, Lyft, have traded down, while the more focused B2B companies -- Tufin, Zoom and PagerDuty -- have soared. Pinterest, meanwhile, which appears to be much closer to profitability than either Uber or Lyft, has seen more modest stock gains than those three more focused names.
Two initial public offerings started trading Thursday, with Tufin Software Technologies and PagerDuty charging out of the gate with double-digit gains. Jumia Technologies delayed its IPO.
Tufin Software Technologies Ltd. shares soared more than 30% in its first day of trading, after the company priced its initial public offering at the top of its price range.
Our call of the day, from Hussein Sayed, chief market strategist at FXTM, says it’s time for investors to start holding Wall Street responsible for further stock market gains and stop looking to central banks for a rescue.
Security regulations are more stringent. Tufin Software Technologies Ltd. aims to address cybersecurity needs in this dynamic environment, and to support its endeavors, it’s seeking capital in the public markets. Tufin Software Technologies on Thursday will issue 7.7 million shares on the New York Stock Exchange under ticker "TUFN," according to the firm’s F-1 filing.
Tufin Software Technologies Ltd. priced shares at $14 in its initial public offering Wednesday evening, setting up the Israeli cybersecurity company for a Thursday trading debut. Tufin announced that it will sell 7.7 million shares at the top of its proposed IPO range, to bring in at least $107.8 million at an initial valuation of about $454 million. Tufin, which sells software focused on security policy and implementation, reported a loss of $4.3 million on revenue of $85 million last year, when sales grew more than 30%, according to filings with the Securities and Exchange Commission. Underwriters, led by JP Morgan, Barclays and Jefferies, have access to an additional 1.16 million shares if needed. Shares are expected to begin trading on the New York Stock Exchange on Thursday morning under the ticker symbol TUFN.
Tufin Software Technologies Ltd. , a company pioneering a policy-centric approach to security and IT operations, today announced the pricing of its initial public offering of 7,700,000 ordinary shares at an initial public offering price of $14.00 per share.
The Zoom Video IPO comes as the market for public offerings accelerates, fueled by the Lyft IPO, to be followed by Jumia Technologies, PagerDuty and Tufin Software Technologies this week.
For a more comprehensive IPO calendar, check out the offering in Benzinga Cloud . The IPO dates below are expected but not confirmed. Jumia Technologies AG (JMIA) will issue 13.5 million shares between ...