initial public offerings (IPOs) trading on American exchanges

Monday, April 12, 2021

IPOs this week : Apr 12 - 16, 21 (wk 15)

IPOs expected to price
  •  Alkami Technology (ALKT), 

  • AppLovin (APP), 

    TuSimple (TSP) and 

  • Karat Packaging (KRT

 
 IPO quiet period expirations
  • Duckhorn Portfolio (NYSE:NAPA), 
  • Olo (NYSE:OLO), 
  • Sun Country Airlines (NASDAQ:SNCY), 
  • Tuya (NYSE:TUYA), 
  • Vine Energy (NYSE:VEI), 
  • Connect BioPharm (NASDAQ:CNTB) and 
  • Finch Therapeutics (NASDAQ:FNCH) next week. 
Sun Country may be the most interesting of the bunch to watch. The airline stock trades more than 50% over its IPO pricing level, but industry booking trends have started to heat up.

Coinbase preview: Coinbase (COINB) is expected to start trading on April 14. Ahead of the direct listing, the company reported Q1 revenue of about $1.8B vs. $191M a year ago. Coinbase also said it has 56M verified users. Trading on the private market has valued Coinbase at about $68B or $100B after factoring in a fully-diluted share count. D.A. Davidson is already on the books with a price target on Coinbase of $440.

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