Final IPO Numbers Strong for September


Last week, Market Insights profiled a few stocks that recently went public. Today we’re following up with official numbers for last month, which showed a continued stream of deal-making.

Some $5.4 billion of initial public offerings (IPOs) were priced in September, according to ClickIPO. That is the highest total since May, and the busiest September in four years.

Total volume in the first three quarters came to $39.8 billion. That keeps us on pace for the busiest year since 2014, when $85.3 billion of deals priced.

The biggest offerings of the month included Chinese electric-car maker Nio (NIO) and Eli Lilly spin-off Elanco Animal Health (ELAN). The third-biggest name was apparel e-commerce firm Farfetch (FTCH).

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David Russell is VP of Market Intelligence at TradeStation Group. Drawing on nearly two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them appraised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.