Initial Public Offerings (IPOs) are an exciting opportunity for companies to raise capital by selling shares of stock to the public for the first time. As a journalist covering financial markets, I have compiled a list of 15 IPOs that you should keep an eye on.
1. Airbnb – The vacation rental giant is expected to go public in 2020 and could potentially be one of the largest IPOs in history.
2. DoorDash – The food delivery company has seen explosive growth during the pandemic and is set to go public at a valuation of over $16 billion.
3. Snowflake – The cloud data management company had a highly successful IPO in September, with its shares soaring over 100% on their first day of trading.
4. Palantir Technologies – The controversial data analytics firm went public via direct listing in September and has already drawn scrutiny from investors regarding its governance practices.
5. Unity Software – The video game engine provider went public in September and saw its shares surge nearly 50% on their debut day.
6. JFrog – This software management company also had a successful IPO in September, with its shares rising over 40%.
7. Asana – The work collaboration software platform went public via direct listing in September and has already gained attention from investors for its unique business model.
8. BigCommerce Holdings – This e-commerce platform had a strong debut back in August, with shares jumping more than 200% on their first day of trading.
9. Lemonade Inc. – The insurance tech startup had a successful IPO back in July, with shares up over 130% since then thanks to growing demand for online insurance services.
10. Warner Music Group Corp.– One of the world’s largest music labels made waves when it returned to the stock market after nearly eight years as private equity-owned entity back earlier this year
11-14: These include Accolade (ACCD), Amwell (AMWL), GoodRx (GDRX) and Rocket Companies (RKT). These companies went public during the pandemic, with each of them seeing a successful debut despite the ongoing uncertainty.
15. Bumble – The popular dating app is reportedly considering going public in 2021 after experiencing strong user growth over the past year.
Overall, IPOs can be a high-risk but potentially high-reward investment opportunity for individuals who are comfortable taking on risk. However, it’s important to thoroughly research each company and its financials before investing to make informed decisions.