IPO News and Press, Renaissance IPO From 09/04/23

2023-09-04 08:16:45 ET Atlas Energy Solutions ( NYSE: AESI ) on 9/5/2023. Price movement over the past six months: +23.89% . Xiao-I ( NASDAQ: AIXI ) on 9/5/2023. Price movement over the past six months: -58.53% . SA commentary "Slowing order volume g...

2023-09-04 04:57:00 ET Summary The Services PMI still matters given it’s over 50.0, and unit labor cost data will get a look, as will jobless claims, but the CPI data the following week of September 11th, ’23 is the next important inflation/economic metric. DocuSign,...

2023-09-03 10:45:00 ET Summary There was just one pricing this past week, which was excluded from our IPO stats, while holdover biotech Adlai Nortye did not get done. Filing activity reached a six-month high in August, and six issuers filed to raise $100 million or more, the most ...

2023-09-02 02:45:00 ET Summary The S&P 500 posted losses in each of the past three Septembers: minus 9.3 percent in 2022, minus 4.8 percent in 2021 and minus 3.9 percent in 2020. We think there are some good reasons to not fret too much about what the “average” S...

2023-09-02 01:55:00 ET Summary Elevated stock market valuations, coupled with higher bond yields, have driven the equity risk premium to near 20-year lows. The lofty valuations, while not contagious to the entire equity market, don’t seemingly reflect heightened recession r...

2023-09-02 00:10:00 ET Summary The Federal Reserve has a “dual mandate” designed to “foster economic conditions that achieve both stable prices and maximum sustainable employment.”. The “dual mandate” is obviously a moving target, but it a...

2023-08-28 22:20:00 ET Summary The latest market shenanigans come from “zero-day options,” causing sharp sell-offs or short covering rallies. I am ecstatic with the results delivered by both Nvidia and Super Micro Computer, since they are both characterized by explos...

2023-08-28 20:25:00 ET Summary Many investors are wondering if the correction in the U.S. stock market is over. Simply put, we don’t know. From a historical perspective, September is the worst month of the year, even though in pre-election years it tends to be less bad. ...

2023-08-28 09:45:28 ET prominent chip designer ARM grocery delivery company Instacart CART Klaviyo KVYO NYSEARCA: IPO 28% 15.2% Coming IPOs that are expected to price this week Adlai Nortye ( NASDAQ: ANL ) is raising $72M by offering 9M ...

2023-08-28 02:51:00 ET Summary The forward 4-quarter estimate for the S&P 500 jumped to $232.80 this week from last week’s $231.72. The S&P 500 earnings yield ended the week at 5.28%, versus the 5.30% last week. Since June 30 ’23, the Q2 ’23 bottom...