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These are the 10 best-performing IPOs of 2019 so far
These are the 10 best-performing IPOs of 2019 so far
Daniel StraussJun 28, 2019, 20:57 IST
FILE - In this June 20, 2019, file photo traders gather at a post on the floor of the New York Stock Exchange as they wait for the Slack Technologies IPO to begin trading. Stocks are off to a mixed start on Wall Street on Monday, June 24, as gains for technology companies are offset by losses in health care and other sectors. (AP Photo/Richard Drew, File)Associated Press
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Renaissance Capital, a provider of institutional research and initial public offering ETFs, ranked the top ten best performing IPOs so far in 2019.
The companies were assessed based on their percentage gain since hitting the market.
The list includes some familiar names, but others may come as a surprise.
Popular, venture-backed companies from Uber to Pinterest all entered the public market over the course of a few months, raising almost $25 billion total, according to the latest estimates from Renaissance Capital, a provider of institutional research and IPO ETFs.
Companies that have gone public this year have largely performed well in the market. According to Renaissance Capital's review of the IPO market in the second quarter of 2019, the average return has been about 30%.
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Here are the top ten best performing IPO's so far in 2019 on a percentage basis:
