#Nutanix shares more than doubled in their first day of trading on Friday, the strongest first-day gain for a new technology stock offering so far this year. The company, a provider of cloud-based storage for businesses, waited nine months for its initial public stock offering as choppy markets kept many other private companies away. Nutanix was one of the few venture capital-backed start-ups brave enough to file plans for its initial offering last year. Shares surged 66 percent at the open of trading and finished the day up 131 percent. So far in 2016, 17 tech companies have listed in the United States, the lowest number since 11 deals in 2009, according to data from #Dealogic. Before Nutanix, this year’s new listings were trading an average of 72 percent above their offer prices, compared with an average of 35 percent across all sectors for domestic initial public offerings. Nutanix’s gain beats that of the cloud communications provider Twilio, which jumped 92 percent on its first day in June. The pop suggests that investors are still eager for hot tech offerings after all. After much anticipation, Nutanix priced its $238 million offering Thursday evening, with a valuation of $2.18 billion — slightly higher than the one it received in the private markets two and a half years ago.
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