News and updates from IPOX®, including media mentions, interviews, research and press releases.
John Authers' column in Bloomberg Opinion highlights the awakening of the US IPO market after a prolonged slumber. The article mentions the IPOX® SPAC Index and the IPOX® Composite US Index, both of which track the performance of new listings in the US.
In 2023, the IPO market showed signs of a rebound after the decline in 2022, reports IPOX® Schuster's Josef Schuster. The first nine months saw 76 IPOs raise nearly $15 billion, contrasting with 65 deals in 2022. Schuster anticipates a continued upward trend through 2024, emphasizing the volatile yet potentially rewarding nature of IPOs.
IPOX® CEO Josef Schuster discusses the challenges faced by Instacart in its upcoming IPO, emphasizing the need for a balance between robust valuation and initial shareholder satisfaction. Despite five consecutive quarters of profitability, Instacart's estimated worth has been a subject of debate, with significant interest from cornerstone investors. Schuster's insights highlight the broader challenges faced by gig-economy companies in a highly competitive market.
IPOX® Schuster's CEO, Josef Schuster, was recently interviewed by Bloomberg for his expert opinion on the current IPO market. The discussion focused on the upcoming earnings results of Kenvue Inc., a recent entrant to the public market, and their potential impact on investor sentiment.
Bloomberg features IPOX® CEO Josef Schuster in today’s article highlighting the triumphant debut of Cava Group Inc. on the New York Stock Exchange. The fast-casual Mediterranean restaurant chain made an impressive entrance, with shares soaring over double their initial price, after raising an unexpected $318 million in their initial public offering (IPO).
The IPOX® Research Team has written a new article discussing the fear of stagflation in 2023 and the challenges that investors face in positioning their portfolios to benefit from this economic environment. We suggest a "defensive growth" portfolio as a solution and highlight the IPOX® 100 U.S. Index as a logical choice for this type of exposure, offering majority defensive growth exposure that outperforms in stagflationary markets, high liquidity and a unique part of the capital markets of resilient companies with the potential to generate positive real growth rates.
Looking at the underlying holdings of the First Trust US Equity Opportunities ETF (Symbol: FPX), analysts found that the implied analyst target price for the ETF based upon its underlying holdings is $110.22 per unit, a 24% upside over the next 12 months.
… For the First Trust US Equity Opportunities ETF (Symbol: FPX), we found that the implied analyst target price for the ETF based upon its underlying holdings is $111.25 per unit. With FPX trading at a recent price near $92.10 per unit, that means that analysts see 20.79% upside for this ETF
Josef Schuster, says that the IPO market has suffered along with the rest of the stock market, but it is poised for a rebound because companies must size up the cost of delaying an offering during a market slowdown versus the heightened costs of borrowing money to fund continuing operations. He says the current IPO market reminds him of conditions from roughly 20 years ago after the bursting of the Internet bubble.