IPO Profiles
Holy Smokes! Traeger has All the Making of a Long-Term Winner in Consumer Goods
Traeger (COOK) came public in July as a well-known high-end brand in consumer goods with some comparisons to YETI and has performed well rising 19% since the IPO and a name worth taking a closer look at the financials and potential with a market cap of just under $3.2B.
High Expectations Face Small-Cap Niche Cloud Database Provider with Massive Opportunity
Couchbase (BASE) a recent IPO that hit new highs week, showing relative strength amid the weaker overall market and worth a deeper look. BASE issued 8.3M shares at $24, above the initial range of $20-$23, and closed near $30 on its debut day. Shares have formed a...
IPO Profile: The Platform Accelerating Global Cross-Border Commerce
Global-E Online (GLBE) will report its first quarterly results since the recent IPO on 8-16 and a name that is +175% YTD, a strong move since coming public. GLBE is a founder-led company with impressive growth and a highly differentiated platforming addressing a major...
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...