No press releases found.
Actuate, pancreatic cancer drug developer, files for $50M IPO
Seeking Alpha News (Tue, 28-May 5:48 PM ET)
Viking Holdings gains as bull ratings pour in following the IPO quiet period expiration
Seeking Alpha News (Tue, 28-May 6:52 AM ET)
The Renaissance IPO ETF, a series of Renaissance Capital Greenwich Fund (the Trust ), seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index.
Renaissance IPO ETF trades on the ARCA stock market under the symbol IPO.
As of May 29, 2024, IPO stock price declined to $39.97 with 19,051 million shares trading.
IPO has a beta of 1.80, meaning it tends to be more sensitive to market movements. IPO has a correlation of 0.61 to the broad based SPY ETF.
IPO has a market cap of $181.86 million. This is considered a Micro Cap stock.
In the last 3 years, IPO stock traded as high as $70.59 and as low as $23.62.
IPO has outperformed the market in the last year with a price return of +37.4% while the SPY ETF gained +26.9%. However, in the short term, IPO had mixed performance relative to the market. It has underperformed in the last 3 months, returning +2.3% vs +4.2% return in SPY. But in the last 2 weeks, IPO shares have fared better than the market returning +2.4% compared to SPY +0.5%.
IPO support price is $39.82 and resistance is $41.06 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IPO stock will trade within this expected range on the day.