IPO Recap: Chewy Surges, Revolve Pushes Higher

Chewy shares are having a big IPO day

by Josh Selway

Published on Jun 14, 2019 at 2:58 PM

There has been a lot of initial public offering (IPO) action recently, so with the week coming to an end, we wanted to take a look at some of the names making moves recently. Starting in today's trading, Chewy, Inc. (NYSE:CHWY) is taking off in its first session, up 58.6% at $34.90. The online pet supplies retailer priced its IPO at $22 per share, and traded as high as $41.34 early in the day.

Another company that just went public was Fiverr International Ltd (NYSE:FVRR), which opened for trading at $26 on Thursday, after an IPO priced at $21 a share. It was last seen 13.8% lower at $34.31, and it traded as high as $44.25 today. The company provides an online marketplace for freelance work.

Earlier this week, Wall Street met cybersecurity technology firm Crowdstrike Holdings Inc (NASDAQ:CRWD), with the shares opening for trade on Wednesday at $63.50, after a $34-per-share IPO. The shares today are down 3.3% at $65.30, though they traded as high as $70.79 earlier.

Finally, online retailer Revolve Group (NYSE:RVLV) went public last Friday, and it's been a strong debut for the stock. Following a huge premiere on the Street, RVLV is pacing for a fourth straight win, up 1.3% at $40.92. However, the shares are still looking up at their record peak of $44.69, touched on Monday, June 10.

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