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This week marked another win for the technology sector as the lone IPO of the week opened with a significant premium.
Pluralsight Inc (PS) was considered more than 20-times oversubscribed, according to our sources, on the morning of its pricing. The deal priced at $15.00 or $1.00 above an upwardly-revised range. PS opened 33% higher with a first trade of $20.00 and moved higher in its second session on friday. Pluralsight Inc hit a first week high of $21.49 for a gain of 43.2% at top tick.
Looking ahead to this week, there are five IPOs on the schedule, two FinTech offerings and two Biotech deals, click on the logo to see the preview of each.