IPOs seemed to take the holidays off, with not a single new
listing on a U.S. exchange from
to January 14.
This week, however, initial public offerings were back with a
vengeance, with five companies going public.
Here were the five IPOs that debuted this week, in
USA Compression Partners (
A company that provides natural gas compression services, USA
shares aren't off to the best start. They opened at $18, below
their expected $19-to-$21 range. And the stock has already
fallen off nearly 3% despite the lower IPO price.
CVR Refining (
Another energy stock that's struggling a bit in its nascent
stages. CVR is a petroleum refinery with operations in Kansas
and Oklahoma. Its shares priced at the midpoint of their
expected range, but have fallen 0.8% since going public on
SunCoke Energy Partners (NYSE:
Producers of a component used in steelmaking, SunCoke's are
down 2.6% since going public at $19 a share yesterday.
Norweigan Cruise Line (
Shares of the third-largest cruise liner in North America are,
well…cruising. The stock went public above its expected range
at $19 a share yesterday, and is already up 31.5% in its first
day of trading.
A real estate investment trust (REIT) that specializes renting
out data centers, CyrusOne shares are up 10.5% from their $19
With one busy IPO week in the books, another may be shaping up
next week. According to the website Renaissance Capital, at least
two other companies are lined up to go public next week.