A Look At Upcoming IPOs For The Week
Portfolio Pulse from Benzinga Insights
Several companies are set to go public this week, including Waystar Holding Corp (NASDAQ:WAY), Gauzy Ltd (NASDAQ:GAUZ), Novelis Inc (NYSE:NVL), and Fly-E Group, Inc (NASDAQ:FLYE). These IPOs will offer shares at specified price ranges and have a 180-day insider lock-up period.
June 02, 2024 | 9:57 pm
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Fly-E Group, Inc (NASDAQ:FLYE) will start trading on June 5, 2024, with a price band of $4.00 to $5.00 and an insider lock-up period of 180 days.
Fly-E Group, Inc's IPO, with its lower price range, may attract retail investors, potentially leading to a positive short-term impact on its stock price.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 100
POSITIVE IMPACT
Gauzy Ltd (NASDAQ:GAUZ) will start trading on June 6, 2024, with a price band of $17.00 to $19.00 and an insider lock-up period of 180 days.
Gauzy Ltd's IPO is expected to attract investor attention due to its competitive price range and the potential for growth, likely resulting in a positive short-term impact on its stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Novelis Inc (NYSE:NVL) will start trading on June 6, 2024, with a price band of $18.00 to $21.00 and an insider lock-up period of 180 days.
Novelis Inc's IPO is likely to be well-received due to its substantial share offering and attractive price range, potentially leading to a positive short-term impact on its stock price.
CONFIDENCE 88
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Waystar Holding Corp (NASDAQ:WAY) will start trading on June 7, 2024, with a price band of $20.00 to $23.00 and an insider lock-up period of 180 days.
The IPO of Waystar Holding Corp is likely to generate significant interest due to its substantial share offering and price range, potentially leading to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100