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IPO

IPOs

The Doximity IPO Is a Rare Day-One Buy

By , Associate Editor, Money Morning - • Print | Email

Doximity stock will go public this week at $4 billion valuation.

Whether or not you’ve heard of the company, it meets a highly relevant need in its field today.

The rise of cloud-based medicine makes the Doximity IPO one of the hottest of 2021.

Think about how necessary it was for medical workers during the pandemic to stay connected while hospitals were being overrun.

Even on a regular day, success in medicine requires seamless logistics.

And that starts with better, faster communication among medical professionals.

Doximity helps make that happen.

And it results in patients getting the treatment they need, faster.

The company will offer 23,300,000 shares at a price range of $20 to $23.

It’s only a short time before shares of “DOCS” hits the New York Stock Exchange.

Here’s how you should play the Doximity IPO...

Stocks

Is ATAI Stock a Buy After the IPO?

By , Money Morning - • Print | Email

ATAI Life Sciences will go public this week.

And investors wanting to cash in on one of the hottest medicine and mental health trends need to pay attention to this stock.

The ATAI IPO will raise around $100 million that the company can add to its already-sizeable cash on hand, about $97 billion as of the end of 2020.

ATAI stock could be the biggest psychedelic stock opportunity on the NASDAQ to date.

This trend will continue to grow with further research into psychedelics for mental health treatment. Right now, it's just the beginning...

IPOs

Rivian Stock Price Prediction After the IPO

By , Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email

Rivian isn't a household name yet, but it will be soon.

The company has been called the "Tesla Killer."

It was valued at $7 billion in December 2019 after receiving over $2.2 billion from startup investors.

And that was before it received another $1.3 billion investment from T. Rowe Price Group Inc. (NASDAQ: TROW) in the same month.

T. Rowe Price isn't the only big name investor.

Rivian has been given $700 million from Amazon.com Inc. (NASDAQ: AMZN) and $500 million from Ford Motor Co. (NYSE: F).

But does all that mean you should buy Rivian stock following the IPO?

Read more...

IPOs

2020 IPOs: The 10 Most Exciting Public Offerings to Watch

By , Associate Editor, Money Morning - • Print | Email

2020 is almost here.

And it's lineup of IPOs could make it the biggest year yet for initial public offerings.

In fact, there are at least 10 firms poised to go public in 2020.

And almost all of them have valuations over $1 billion in industries ranging from financial services, mattresses, and even travel and lodging.

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IPOs

Why the Virgin Galactic IPO Could Be the Most Exciting Offering of 2019

By , Associate Editor, Money Morning - • Print | Email

Whether it's Virgin America or Virgin Atlantic, Richard Branson's startups have become iconic names. Virgin Galactic will be no different. And that's exactly why investors are so eager for the Virgin Galactic IPO. On June 9, Branson revealed that his 15-year-old space tourism startup was going public. Virgin Galactic's valuation is already up to $1.5 […]

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IPOs

Should I Buy Endeavor Stock?

By , Money Morning - • Print | Email

On May 23, UFC and Miss Universe owner Endeavor Group Holdings Inc. (NYSE: EDR), filed with the SEC for its IPO. That has investors wondering if they should buy Endeavor stock. Endeavor stock has Wall Street hyped up. That's because Endeavor is the biggest talent agency in Hollywood. While it sounds tempting to buy Endeavor […]

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