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.


a schaeffer's exclusive

5 NEW STOCK PICKS

We're celebrating 38 years with this FREE insider report!


 
 

Partnercenter


NEW! Explore Schaeffer’s Partners' deals and get connected to top online brokerages with deals tailored exclusively for our readers.  Get answers to your questions regarding transfer fees, commission rates, programs and available discounts related to online trading services.

MORE | MARKETstories


What's Next for the American Wealth Gap
Porter Stansberry is predicting a major change in the American economic system.
Target Stock Bounces from Key Trendline on Buyback Buzz
TGT options traders have been loading up on puts
United States Steel's Gloomy Outlook Sparks Analyst Drubbing
The firm widened its third-quarter loss forecast to 35 cents per share
What's Next for the American Wealth Gap
Porter Stansberry is predicting a major change in the American economic system.