An initial public offering (IPO) is the process a private corporation offers shares to the public for the first time. New companies that are concerned with growing will often use IPOs to gain useable capital. Organizations that have been around for longer may opt to allow an owner to sell their shares to the public as well.
A major reason for investing in an IPO is due to the possibility of buying an underpriced stock before it rises in price. Therefore, it is important for investors to have a method of tracking new IPOs to take advantage of any opportunities.
Below is a list of several websites that can be used to track IPO data.
Exchange websites can be reliable fonts for new IPO information. Websites such as Nasdaq and New York City Stock Exchange have a section dedicated to upcoming IPOs. These sites are known to be very reliable as they take their data from official sources.
This site is dedicated to IPO tracking. It does this by providing specific information and news regarding IPOS such as IPO withdrawals, IPO following, and high performing companies. While it’s a subscription-based service, this is a good tool that anyone can use.
Another paid subscription service, this site provides many of the same services as IPO Monitor. As an alternative to its competition, IPO Scoop is a viable option to track public offerings. This site also provides information on IPO withdrawals, IPO following, and so on.
Beyond stock changes, Google also provides a vital service to the market. Generally speaking, the press is what moves money around, and Google News provides an easy way to keep up on upcoming IPOs. Google makes it simple to do this by signing into an account and creating news alerts for a specific term. This sends news as soon as it comes out to the inbox to be viewed at the account holder’s leisure.
Yahoo maintains a finance section in addition to its search engine. Better yet, this free service provides a dedicated IPO section. This area contains pertinent information such as IPO dates, prices, and symbols with links to IPO profiles. Furthermore, Yahoo Finance has a system that keeps track of past IPO performance.