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Early Intelligence: 6 Companies That Are Going Public This Week

DXPE

There are six companies going public with their IPOs and another issuing equity as a secondary offering this week.

7 In Focus

  • Acushnet Holdings Corp. will begin trading on the NYSE under the ticker GOLF starting Friday. The company plans to issue 19.33 million shares through its IPO at a price range of $21.00–$24.00.
  • BlackLine Inc. will trade on the NASDAQ under the ticker BL. It is coming out with 8.6 million IPO with a pricing of $13.00–$15.00. The stock will start trading publicly Friday.
  • DXP Enterprises Inc (NASDAQ: DXPE) is coming out with a secondary issue of 2.7 million shares. The stock closed Monday's trading at $20.36, shedding 3.83 percent. The new shares are expected to start trading on Thursday.
  • Myovant Sciences (NYSE: MYOV) plans an IPO of 13 million shares (with an overallotment option for 1.95 million shares) with the price range of $12–$15.
  • QUANTENNA Communications Inc. (NASDAQ: QTNA) is coming out with 6.7 million shares of IPO with a $14.00–$16.00 price range. The company's shares will commence trading on Friday.
  • RA Pharmaceuticals Inc., to trade (NASDAQ: RARX) came out with 5.8 million IPO with a price range of $12.00–$14.00. The stock will start trading on Wednesday.
  • ZTO Express will go public on the NYSE under the pending ticker ZTO. It plans to issue 72.1 million shares with a price range of $16.50–$18.50. The stock would commence trading on Thursday.

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