Trader Talk

Mixed picture for six IPOs debuting today

Traders on the floor of the New York Stock Exchange.
Jin Lee | Bloomberg | Getty Images

It's been a mixed picture with IPOs today…while all six got priced, the first-day price pops are not materializing, with only one (Energous) a clear winner, up 50 percent. Two of the five that are open for trade are down from their initial price.

Opening ABOVE the initial price:

  1. CBS Outdoor Americas (CBSO) priced at $28, opened at $30.10, still trading in that range.
  2. Everyday Health (EVDY) priced at $14, opened at $14.50, but quickly sold at $13.56.
  3. Energous (WATT) priced at $6, opened at $9.50, now around $ is the winner.

Opening AT the initial price:

  1. 2U Holdings (TWOU) priced at $13, opened at $13, now trading around that price.

Opening BELOW the initial price:

  1. Aerohive Networks (HIVE) priced at $10, opened at $8.95, but has been battling back, now at $9.32 or so.

Still waiting for Bluerock Residential Growth REIT (BRG) priced at $14.50, to open at the NASDAQ.