US IPO Weekly Recap: Payment IPOs pay off as 6 deals price ahead of Memorial Day

Original Source    2018-05-25 10:05

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This week’s highlights:
6 IPOs , including 3 biotechs and 2 payment firms, raised $1.4 billion ahead of the short week
Payment processor EVO Payments was the week’s winner , up 24%
Point-of-sale loan platform Greensky raised $874 million, opening -4% and finishing +8%
More new IPOs filings than any week since June 2015 ; expect a very active June
Slow week for IPOs coming up , but expect a number of launches
The average return for 2018 IPOs remained at about 23%. YTD IPOs have…




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