Last week, CNBC’s popular hosts gave a raving review about Box’s upcoming IPO. The deal opened 44% higher and traded as high as 77% above the IPO price.
This week, Cramer is on the prowl for another IPO: Shake Shack (NYSE: SHAK)
It’s hard to find a negative article about the upcoming Shake Shack deal. Retail investors looking to bite into a piece of Shake Shack will likely be paying a size-able amount above the offering price.
“The demand for Shake Shack is through the roof,” senior managing partner at IPOBoutique, Scott Sweet, said. “The deal is exponentially oversubscribed and will likely offer a larger premium out of the gates than either Zoes Restaurant (NYSE: ZOES) or The Habit Restaurant (Nasdaq: HABT).”
A Pipeline now in the Pipeline
The way that oil and gas has traded over the last three months, it was surprising to see Rice Energy bring its midstream company, Rice Midstream (NYSE: RMB) public in December. On Monday, Columbia Pipeline Partners (NYSE: CPPL) updated terms for its IPO. This deal will debut on February 6.
Easterly Government Properties (NYSE: DEA) and Nexvet Biopharma (Nasdaq: NVET) updated terms for their IPOs making a total of nine IPOs on the schedule for next week at this time.
English
Arabic
Chinese (Simplified)
Dutch
French
German
Italian
Portuguese
Russian
Spanish