Ipo Picks News Today

RBC software analyst Matthew Hedberg makes his top picks, explains what might get bought, and which stocks could shake off their disappointing IPOs.

But in the eyes of venture capitalist Eric Kim, Coupang has already been "out-Amazoning Amazon" in Korea for a while.  SoftBank-backed Coupang, which raised $4.6 billion in IPO proceeds, had an extremely auspicious start on the New York Stock Exchange on Thursday. Shares rocketed as much as 84% intraday before paring gains and closing up 42% on the day.  The ten-year-old company is led by billionaire Bom Kim, who dropped out of Harvard Business School after just six months to capture the mass...

Investors are viewing the recent slump and volatility in SPAC names differently, and some of them have placed massive shorts on high-profile SPACs.

Matthew Tuttle is the chief executive and chief investment officer of Tuttle Tactical Management. This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Matthew Tuttle is the chief executive and chief investment officer of Tuttle Tactical Management. He manages the $147.2 million SPAC and New Issue ETF, which has returned 12.94% this year.  Tuttle shares his three-part SPAC picking s...

Tom Finkes Adara Acquisition Corp. (ADRA), which made its debut on Tueday, was among the new "blank-check companies." While Finkes name might not be as familiar as recent SPAC entrants such as Colin Kaepernick or Shaquille ONeal, he is a financial force of his own — having served as the CEOs of two asset managers and famously led the 2016 merger of Babson Capital, Barings Asset Management, and two other MassMutual Life subsidiaries to create Barings, a $345 billion money manager. Thats why w...

Renaissance Capital's IPO ETF returned 107% to investors. The founder breaks down the risks to the IPO boom and the 5 offerings to watch this year.