Saturday, July 20, 2013

The coming IPO parade

FORTUNE -- It's been a busy few days for IPOs, and things only are expected to heat up next week.

Seven companies have priced on U.S. exchanges since Tuesday, including last night's $191 million raise for?digital coupon marketplace RetailMeNot (SALE). It hopes to mimic the 60% aftermarket bump achieved yesterday by cancer "stem cell" company OncoMed Pharmaceuticals (OMED).

On tap next week are a whopping eleven offerings:

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Next week's calender doesn't include anything huge, but it could be interesting to see if OncoMed provides any halo effect to any of the five VC-backed biotechs. I'd expect us to see some larger offerings come fall, which is when IPO volume traditionally increases.

Some additional IPO thoughts from an interview I did this morning on CNBC:

Source: http://finance.fortune.cnn.com/2013/07/19/the-coming-ipo-parade/?section=money_termsheet

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