Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
5 Ways to Beat the Fed (and Crush Inflation)

Email this Article

Send with mail | ahoo instead.
Required Needs to be a valid email
Required Needs to be a valid email
Recent IPO Movers of the Week (July 3-7, 2017)
https://mney.co/2sXtXYS
Required Please enter the correct value.
Twitter
Stocks: ALRN, APRN, MSDI, TYHT

Recent IPO Movers of the Week (July 3-7, 2017)

By Stephen Mack, Associate Editor, Money Morning • July 10, 2017

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

Recent IPO Movers

It's a whole new set of stocks on our list of recent IPO* movers of the week. In spite of the short holiday week, there were some major swings.

Monster Digital Inc. (Nasdaq: MSDI) had a monster gain of 139.8%. The stock peaked on Wednesday after a merger with Innovate Biopharmaceuticals Inc. Shares dropped significantly over the next few days, along with most data storage stocks, but it wasn't enough to wipe out the huge weekly gain. Innovate will own 91% of Monster shares when the deal is completed.

Aileron Therapeutics Inc. (Nasdaq: ALRN) went public on June 28 at $15. The stock closed the next day at $10.80, but it has been on the rise ever since. The maker of stapled peptide drugs for serious illnesses gained 23.8% last week to close at $13.80 on Friday. Its lead candidate is still in early stage clinical trials, making this a largely speculative play for now.

BREAKING: New Legislation Could Turn Tiny Pot Stocks into Millions. Click Here...

Shineco Inc. (Nasdaq: TYHT) was on its way to being one of Thursday's top gainers before the bottom dropped out, closing the day at an all-time low of $2.22. It finished the week at $2.33 to lead our losers list with a 22.9% drop. The herbal medicine company had its IPO last September at a share price of $4.50. Analysts are neutral to positive on Shineco, with most rating it a "Buy" or a "Hold."

The fortunes of Blue Apron Holdings Inc. (NYSE: APRN) continue to sink. After drastically lowering its price target a day before its IPO in late June, the stock has been on the decline ever since. Shares of the meal-kit delivery service fell 17.2% last week to fall to $7.73. Investors are still bracing for the effect of Amazon.com Inc.'s (Nasdaq: AMZN) June 15 purchase of Whole Foods Market Inc. (Nasdaq: WFM).

*Stocks are listed on a U.S. exchange with an initial public offering in the last year. Data and analytics provided by FactSet.

Start Making More Money Now: Get stock picks and research that could put an extra $125,000 in your pocket delivered straight to your inbox for just pennies a day. Read more...

Follow Money Morning on Facebook and Twitter.

Join the conversation. Click here to jump to comments…

Stephen MackStephen Mack

About the Author

Browse Stephen's articles | View Stephen's research services

Stephen Mack has been writing about economics and finance since 2011. He contributed material for the best-selling books Aftershock and The Aftershock Investor. He lives in Baltimore, Maryland.

… Read full bio

Login
guest
guest
0 Comments
Inline Feedbacks
View all comments
LIVE
Visit Money Morning Live


Latest News

January 19, 2023 • By Money Morning Stock Research Team

These Stocks Could Go To $0

January 9, 2023 • By Money Morning Stock Research Team

The Government Is Pouring $391 Billion Into These Stocks - Buy Now

December 27, 2022 • By Money Morning Staff Reports

6 IPOs in 2023 You Can’t Afford to Miss
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover This Is VWAP Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Warlock's World Penny Nation Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Vega Burst Trader Flashpoint Trader Darknet Hyper Momentum Trader

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell My Info

wpDiscuz