IPO Profiles
IPO Profile: Disrupting the Modern Database with Real-Time Data in Motion Technology
Confluent (CFLT) a recent IPO showing some momentum with shares now +22% over the past week and saw notable trades on 8/9 as 800 December 2022 $45 puts sold to open for $1.1M and 1500 January $45 puts sold to open for $1.2M. CFLT on 8/10 with 1200 August $55 calls...
Upcoming IPO a Smart Play on Clinical Trial Growth, Steady Rise in Pharmaceutical R&D Spending
WCG Clinical (WCGC) set to debut this week issuing 45M shares at $15-$17, raising $765M at a $6.45B valuation. Leonard Green & Partners is a top holder in the firm. WCG provides a vast array of solutions for life sciences companies throughout the entire lifespan...
Popular App with Physicians Looks to Capitalize on Inefficient Communications in Healthcare Field
Doximity (DOCS) a recent IPO that has traded well recently and bullish flows yesterday in the November expiration as shares bounced back above the 8-EMA. DOCS is a so-called ‘healthcare super app’ that connects over 1M US healthcare professionals with member curated...
IPO Profile: Disruptive Enterprise Software Company Pioneering a New Category
Sprinklr (CXM) is a recent IPO that has seen shares consolidate and show some basing price action in the $18/$20 range, a name worth looking at closer. Sprinklr empowers the world’s largest and most loved brands to make their customers happier. It has created a new...
Recent IPO Sees Massive Opportunity in Underpenetrated Professional Services Market
LegalZoom (LZ) a recent IPO that has pulled back from its initial pop and starting to emerge out of a downtrend on 7/20. Shares priced initially at $28 and closed on its debut up at $37.85 and trading to $41 before pulling back. The post-IPO wedge has room up to $45...
IPO Profile: Niche Apparel Company Targets the Fastest-Growing Industry in the US
Figs (FIGS) a recent IPO that traded well right out of the gate and has pulled back recently to the 50% retracement of the run. FIGS is a $6.5B direct-to-consumer healthcare apparel company that sells scrubs, lab coats, outerwear, activewear, compression socks, and...
IPO Profile: Powering Payments in Emerging Markets at the Enterprise Level
dLocal (DLO) has climbed nicely since its IPO and forming a bull flag below new highs. DLO is a hyper-growth name with revenues growing 88% in 2020 and seen rising 83% in 2021, 66% in 2022, and 55% in 2023 while also being profitable. However, valuation reflects this...
IPO Profile: A Solution for Mobile Application Developers with an Excellent Financial Profile
Applovin (APP) has seen a wild ride since its IPO in April with shares sinking the first few weeks of trading and then rising sharply, but since have pulled back to the 61.8% retracement of the low to high range and put in a potential reversal candle. APP sits just...
IPO Profile: A Key Player in Small Business Online Visibility
SEMrush Holdings (SEMR) recently came public in the software space and shares off to a very strong start trending with higher lows and higher highs, pulling back to trend support last week. SEMR is a leading online visibility management software-as-a-service platform...
An Emerging Technology Leader in Healthcare Value-Based Care
Signify (SGFY) is an IPO from earlier this year that showed relative strength yesterday and nearing a multi-month basing pattern breakout, also a name that Ark Investment has been buying, so time to look closer at the name. SGFY is a leading healthcare platform that...