Investing in an initial public offering (IPO) has the advantage of allowing investors to invest in a possibly undervalued business early on, before brokerages establish big equity positions. It’s critical for IPO investors to keep track of any upcoming IPOs in order to take advantage of new investment opportunities that arise.
Here are 5 upcoming IPOs to keep an eye on this week of July 26, 2021.
1. Duolingo, Inc.
Duolingo, Inc. (NASDAQ Global: DUOL). This company is a language-learning website and smartphone app in the United States, as well as a language competency assessment exam. The firm operates on a freemium model, with the app and website available for everyone.
Duolingo, Inc is poised to offer 5,106,113 shares of stock on the Nasdaq Global Select on the week of July 28th at a price range of $85-$95.
2. Snap One Holdings Corp.
Snap One Holdings Corp. (NYSE: SNPO). The company sells smart home devices to system integrators on a wholesale basis. Snap One Holdings Corp intends to offer 13,850,000 shares of stock at a target price of $18-$21 on the week of July 28th.
3. Dole plc.
Dole plc. (NYSE: DOLE). This is a newly established business resulting from the merger of Total Produce plc and Dole Food Company, Inc. Dole plc intends to offer 26,000,000 shares at a target price between $20-$23 on the week of July 28th.
4. Context Therapeutics Inc.
Context Therapeutics Inc. (NASDAQ Capital: CNTX). This is a clinical-stage biopharmaceutical business committed to improving the lives of cancer-stricken women.
Context Therapeutics Inc is poised to offer 1,500,000 shares of stock on the week of July 28th at a target price of $12-$14.
5. Project Angel Parent, LLC.
Project Angel Parent, LLC. (NYSE: MLNK). This company mostly focuses on selling services-prepackaged software throughout the country.
Project Angel Parent, LLC is poised to offer 12,000,000 shares of stock on the New York Stock Exchange between the price of $24-$26 on the week of July 28th.
Should You Invest in IPOs?
Your current portfolio may consist of blue chip stocks, growth stocks, index funds, or other types of equities. It is possible that you are considering investing in some of the initial public offerings (IPOs) that have been in the news this week to add to your portfolio.
If you’re considering investing in an initial public offering (IPO), but don’t know which one would be the best to start with, speak with a financial advisor today.