Hi, Welcome to another amazing blog. Today we will discuss about some famous companies that had their IPO in 2016.
👉👉If you want to know about basics of IPO then Read it – What is an IPO ?👈👈
Companies that had their IPO in 2016
1. Apptio
Apptio unveiled its IPO on September 23, 2016. The crowd gasped as 6 million shares took the stage at $16 each. But the drama didn’t stop there! By the end of the day, the shares closed at a breathtaking $22.55. The treasure amassed? A staggering $96 million. Apptio, the mastermind behind cloud-based technology business management solutions, continues to hold the spotlight in the IT financial management realm. With data-driven insights guiding businesses to success, the future growth potential is nothing short of awe-inspiring. They are one of the Companies that had their IPO in 2016.
2. At Home
At Home stormed the market on August 4, 2016, offering 8.7 million shares at $15 each. But the curtain fell at $14.80, leaving the audience in suspense. The company raised $130 million amidst the drama. At Home, the home decor superstore, weaved its magic, captivating audiences with a plethora of interior design and DIY treasures. With a growing retail footprint and a flair for captivating home enthusiasts, the future growth potential is like a thrilling plot twist, keeping us all on the edge of our seats. They are one of the Companies that had their IPO in 2016.
3. US Foods Holding Corp.
In a culinary spectacle, US Foods dazzled the market on May 26, 2016, with 44.4 million shares listed at $23 each. The suspense heightened as the closing price danced at $24.17. A breathtaking $1.02 billion was raised in this epic performance. US Foods, the maestro of foodservice distribution, continues to tantalize restaurants, hotels and food establishments nationwide. As the spotlight shines on the demand for foodservice solutions, the future growth potential for this gourmet sensation is a tantalizing feast for investors. They are one of major Companies that had their IPO in 2016.
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4. Red Rock Resorts Inc.
In the dazzling lights of Las Vegas, Red Rock Resorts took center stage on April 27, 2016. 27.25 million shares sizzled at $19 each, but the closing price swirled at $18.75. Nevertheless, the performance raised a magnificent $516 million. Red Rock Resorts, the enchanting gaming, hospitality and entertainment sensation, keeps the audience mesmerized with its array of casinos and resorts. Amidst the neon glow of the Vegas strip, the future growth potential for this captivating act relies on the pulse of the gaming and hospitality industry. They are one of major Companies that had their IPO in 2016.
5. Cotiviti Holdings Inc.
Amidst a flurry of numbers, Cotiviti commanded attention on May 25, 2016. With 12.5 million shares in the spotlight at $19 each, the closing price took a daring leap to $20.50. The sumptuous feast of $238 million was raised, revealing Cotiviti’s prowess as a healthcare payment accuracy virtuoso. In a world driven by cost containment and revenue recovery, Cotiviti’s future growth potential is a thrilling plot twist in the healthcare technology saga. They are one of Companies that had their IPO in 2016.
6. ZTO Express
In a whirlwind of deliveries, ZTO Express stormed the market on October 27, 2016. 72.1 million shares raced at $19.50 each, but the closing price settled at $18.40, keeping the audience on the edge of their seats. A breathtaking $1.4 billion was delivered through this epic performance. ZTO Express, the express delivery virtuoso of China, continues to race ahead in the booming e-commerce market. With logistics becoming the lifeline of online shopping, the future growth potential is like a thrilling express journey to success. They are one of major Companies that had their IPO in 2016.
7. Athene Holding Ltd.
In a grand spectacle of financial security, Athene Holding emerged on December 9, 2016. 27 million shares took flight at $40 each, but the closing price soared at $43.05, leaving the audience in awe. The spotlight shines on Athene’s role as a leading retirement services company, providing stable annuities and reinsurance solutions. As the aging population seeks financial stability, Athene’s future growth potential shines like a beacon of assurance amidst a sea of uncertainties. They are one of major Companies that had their IPO in 2016.
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8. Camping World Holdings Inc.
In a blaze of outdoor adventure, Camping World made its mark on October 6, 2016. 11.4 million shares set up camp at $22 each, but the closing price soared to $22.70, leaving campers delighted. $251 million was raised, showcasing Camping World’s expertise as a leading retailer of recreational vehicles and camping equipment. With the camping and outdoor lifestyle gaining popularity, the future growth potential is like an exhilarating trek through uncharted terrains. They are one of Companies that had their IPO in 2016.
9. Trivago
In the mesmerizing world of travel, Trivago cast its spell on December 16, 2016. 26.1 million shares jet-set at $11 each and the closing price took a dreamy leap to $11.85. Trivago, the online travel platform, entices globetrotters with its enchanting hotel price comparisons. As travelers seek seamless travel experiences, the future growth potential for this globetrotting sensation is like a thrilling adventure to far-off lands. They are one of major Companies that had their IPO in 2016.
10. MGM Growth Properties LLC
MGM Growth Properties made its debut on April 20, 2016. With 50 million shares in the limelight at $21 each, the closing price dazzled at $23.12. A grand fortune of $1.05 billion was raised, showcasing MGM Growth Properties’ prowess as a major real estate investment trust (REIT) in the gaming and entertainment realm. With the entertainment industry evolving, the future growth potential for this captivating act is a thrilling plot twist in the world of gaming and hospitality. They are one of major Companies that had their IPO in 2016.
Conclusion
So, here we listed companies that had their IPO in 2016. Some have become dominant market players. IPOs have significantly influenced the financial landscape by providing companies with access to public markets and capital for growth, while also offering investors the chance to partake in the success of promising ventures. However, going public through an IPO entails its own challenges and responsibilities. By comprehending the process, advantages, disadvantages, and alternative paths, both investors and companies can make well-informed decisions and successfully navigate the exhilarating journey to public ownership. Now, let’s explore some frequently asked questions about companies that had their IPO in 2016.
Companies that had their IPO in 2016 related FAQs
What is list of Companies that had their IPO in 2016 ?
Some notable Companies that had their IPO in 2016 –
Apptio
At Home
ZTO Express
Athene Holding Ltd.
Camping World Holdings Inc.
Trivago
MGM Growth Properties LLC
US Foods Holding Corp
Red Rock Resorts Inc
Cotiviti Holdings, Inc.
👉👉If you want to know about basics of IPO then Read it – What is an IPO ?👈👈
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Disclaimer– This article is only for educational purposes. It is not investing advice.
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