Suddenly, the up-and-down IPO market is red hot again.
went public last week, four more IPOs are scheduled to price this
None of them packs quite the same punch as
Trulia (NYSE: TRLA),
the online residential real estate marketplace that's up more
than 30% since its IPO last Thursday. But there could be some
hidden gems in here - especially in light of the strong early
returns posted by some of last week's lesser-known IPOs.
Here are the four IPOs scheduled to hit the market this week,
according to the IPO website Renaissance Capital:
Grupo Financiero Santander Mexico (BSMX):
The second-largest bank in Mexico will begin trading on the New
York Stock Exchange. It plans to raise $2.8 billion by offering
235 million shares at a price range of $10.99 to $12.70. Even
at the low end of the range, that would make BSMX a large-cap
stock right off the bat. That's not unreasonable: the bank did
a hefty $3.2 billion in sales over the past 12 months.
A developer of pancreatic cancer and hepatitis B and C drugs,
GlobeImmune plans to open at between $11 and $13 a share. The
company has booked $9 million in sales the last 12 months.
A cloud-computing software company, Qualys hopes to raise $91
million in its IPO by offering 7.6 million shares at $11 to $13
a pop. The California-based company will list on the Nasdaq
Summit Midstream Partners (SMLP):
Summit is a Texas-based natural gas company that's hoping to
capitalize on the ongoing rally in
natural gas prices
. The company plans to raise $250 million by offering 12.5
million shares at $19 to $21 per. It will list on the New York