IPO Previews For The Week
Portfolio Pulse from Benzinga Insights
Three companies are set to go public this week: LandBridge Company LLC (NYSE:LB) on June 28, WEBTOON Entertainment Inc (NASDAQ:WBTN) on June 27, and WORK Medical Technology Group LTD (NASDAQ:WOK) on June 26. Each company has set a price range and will have a 180-day insider lock-up period.
June 23, 2024 | 6:26 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
LandBridge Company LLC (NYSE:LB) will start trading publicly on June 28 with a price range of $19.00 to $22.00 and an insider lock-up period of 180 days.
The IPO of LandBridge Company LLC is likely to generate investor interest due to its set price range and the number of shares being offered. The insider lock-up period may also impact short-term trading behavior.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
WEBTOON Entertainment Inc (NASDAQ:WBTN) will start trading publicly on June 27 with a price range of $18.00 to $21.00 and an insider lock-up period of 180 days.
The IPO of WEBTOON Entertainment Inc is expected to attract attention from investors, given its price range and the volume of shares being offered. The 180-day lock-up period will also influence short-term trading.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
WORK Medical Technology Group LTD (NASDAQ:WOK) will start trading publicly on June 26 with a price range of $4.00 to $5.00 and an insider lock-up period of 180 days.
The IPO of WORK Medical Technology Group LTD is likely to garner interest due to its lower price range and the number of shares being offered. The insider lock-up period will affect short-term trading dynamics.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100