IPO News and Press, Renaissance IPO From 06/15/24

2024-06-15 04:00:00 ET Summary NVIDIA has been up 155% year to date; its market cap is over $3 trillion. All previous stock market bubbles share the following in common: a narrow stock market rally that focuses on a small group of stocks in a small sector of the economy that Wall ...

2024-06-12 02:50:00 ET Summary The financial press is replete with comparisons to the dot-com bubble of 1999–2000. Some say that the Cisco split marked the top of the dot-com bubble. And they allege that the Nvidia split is doing the same. The other problem with the dot...

2024-06-11 18:15:31 ET More on Document Security Systems, Renaissance Capital Greenwich Funds - Renaissance IPO ETF, etc. Read the full article on Seeking Alpha For further details see: DSS unit Impact Biomedical sets terms for downsized $6M IPO

2024-06-10 22:15:00 ET Summary Because the stock market moved sharply and registered fresh all-time highs in the S&P 500 and NASDAQ, many wonder if they have missed the boat. The issue is that we have three companies with $3 trillion (or very close to it) in market cap, and as...

2024-06-10 12:02:12 ET More on Alumis Inc. IPO roundup: NVL, TEM, and more Financial information for Alumis Inc. Read the full article on Seeking Alpha For further details see: Immunology drug developer Alumis files for $100M IPO

2024-06-10 09:31:57 ET The IPO market last week saw a mix of activity. While industrial giant Novelis ( NVL ) surprisingly postponed its $878M IPO, marking the biggest delay since Clarios in mid-2021, heavyweights like hospital billing platform Waystar ( NASDAQ: WAY ) raised $96...

2024-06-10 09:06:00 ET Summary The S&P 500 index closed up by 1.53 over its previous week's close and even recorded a new record high of 5,354.03 in the middle of the week. The European Central Bank pulled the trigger on implementing a new series of rate cuts in a move aimed a...

2024-06-10 06:30:00 ET Summary Today's market sentiment is almost apathetic compared to the frenzy of the late 1990s. The "weak breadth" conundrum lasted almost five full years in the late 1990s accompanied by the similar narrow leadership within the S&P 500 at that time as we...

2024-06-08 03:20:00 ET Summary Many consider the PMI a key economic indicator, but it is not. The PMI, currently below 50, reflects market pessimism. The pessimism appears to be easing, and the next couple of reports could bring us over 50. Many consider the PMI a ke...

2024-06-07 17:05:42 ET More on Renaissance Capital Greenwich Funds - Renaissance IPO ETF Telix, radiopharmaceuticals maker, sets terms for $232M US IPO IPO roundup: Novelis, Waystar Holding, and more Seeking Alpha’s Quant Rating on Renaissance Capital Greenwic...