IPO Watch: The Most Recent and Upcoming IPOs

Before you go, we thought you'd like these...
Before you go close icon

Unlike last week, this week's IPOs came out with a bang. Enterprise software data company Splunk saw returns of 108.7% on opening day and luxury luggage and travel-goods maker Tumi Holdings returned 47.0% by the closing bell.

On Tuesday, SandRidge Mississippian Trust II and Digital Cinema Destinations managed to close in the green, up 3.57% and 5.57%, respectively.

Has investors' appetite for IPOs changed drastically from last week -- when nearly all names closed in the red -- or are these companies simply more promising? 


IPOs-in-waiting
So, who's next? Here we list the next April and early May IPOs to trade on the U.S exchanges. What do you think of their prospects?

  1. Infoblox (BLOX) at $12-$14 per share, expected to trade on April 20.
  2. Midstates Petroleum (MPO) at $16-$18 per share, expected to trade April 20.
  3. Proofpoint (PFPT) at $10-$12 per share, expected to trade April 20.
  4. Ares Commercial Real Estate (ACRE) at $19-$20 per share, expected to trade April 23.
  5. China Auto Rental (CARH) at $10.50-$12.50 per share, expected to trade April 25.
  6. Envivio (ENVI) at $10-$12 per share, expected to trade April 25.
  7. Supernus Pharmaceuticals (SUPN) at $12-$14 per share, expected to trade April 25.
  8. Acquity Group Limited (AQ) at $8-$10 per share, expected to trade April 27.
  9. Edgen Group (EDG) at $14-$16 per share, expected to trade April 27.
  10. Carlyle Group (CG) at $23-$25 per share, expected to trade May 3.

Business section: Investing ideas
Let's take a look at the 20 most recent IPOs and how they have fared. (Current prices as of market close April 20, 2012.)

A quick glance shows many have closed well above offer price. Do you think they might have more to price in? (Click here to access free, interactive tools to analyze these ideas.)

1. Splunk: Technology. Offer date April 19. Offer price: $17. First-day close: $35.48. Current price: $35.48. Return: 108.70%.

2. Tumi Holdings: Consumer goods. Offer date April 19. Offer price: $18. First-day close: $26.5. Current price: $26.5. Return: 47.22%.

3. SandRidge Mississippian Trust II: Oil and gas. Offer date April 18. Offer price: $21. First-day close: $21.25. Current price: $21.75. Return: 3.57%.

4. Digital Cinema Destinations: Consumer services. Offer date April 17. Offer price: $6.1. First-day close: $6.17. Current price: $6.44. Return: 5.57%.

5. Forum Energy Technologies (NYS: FET) : Industrials. Offer date April 12. Offer price: $20. First-day close: $21.75. Current price: $21.96. Return: 9.8%.

6. MRC Global: Industrials. Offer date April 12. Offer price: $21. First-day close: $21.04. Current price: $20.51. Return: -2.33%.

7. Oaktree Capital Group: Financials. Offer date April 12. Offer price: $43. First-day close: $42.39. Current price: $39.9. Return: -7.20%.

8. Erickson Air-Crane: Basic materials. Offer date April 11. Offer price: $8. First-day close: $8. Current price: $8.13. Return: 1.62%.

9. Retail Properties of America (NAS: RPAI) : Financials. Offer date April 5. Offer price: $8. First-day close: $8.75. Current price: $9.06. Return: 13.25%.

10. Enphase Energy: Technology. Offer date March 30. Offer price: $6. First-day close: $7.34. Current price: $7.04. Return: 17.33%.

11. GasLog (NAS: GLOG) : Consumer services. Offer date March 30. Offer price: $14. First-day close: $12.41. Current price: $11.12. Return: -20.57%.

12. CafePress: Consumer Goods. Offer date March 29. Offer price: $19. First-day close: $19.03. Current price: $18.07. Return: -4.89%.

13. Merrimack Pharmaceuticals: Health care. Offer date March 29. Offer price: $7. First-day close: $6.04. Current price: $8.67. Return: 23.85%.

14. Millennial Media (NYS: MM) : Consumer services. Offer date March 29. Offer price: $13. First-day close: $25. Current price: $18.8. Return: 44.61%.

15. Rexnord (NYS: RXN) : Consumer goods. Offer date March 29. Offer price: $18. First-day close: $20. Current price: $21.6. Return: 20%.

16. Annie's: Consumer goods. Offer date March 28. Offer price: $19. First-day close: $35.92. Current price: $40.74. Return: 114.42%.

17. Regional Management: Financials. Offer date March 28. Offer price: $15. First-day close: $16.45. Current price: $15.46. Return: 3.06%.

18. Vocera Communications: Telecommunications. Offer date March 28. Offer price: $16. First-day close: $21.03. Current price: $22.3. Return: 39.37%.

19. Vipshop Holdings: Consumer goods. Offer date March 23. Offer price: $6.5. First-day close: $5.50. Current price: $5.95. Return: -8.46%.

20. Whiting USA Trust II: Oil and gas. Offer date March 23. Offer price: $20. First-day close: $24.46. Current price: $23.08. Return: 15.4%.

At the time this article was published Kapitall's Rebecca Lipman owns shares of BNNY. Data sourced from iposcoop.com. The Motley Fool has adisclosure policy.
We Fools may not all hold the same opinions, but we all believe that
considering a diverse range of insightsmakes us better investors. Try any of our Foolish newsletter servicesfree for 30 days.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners