Ticker LaunchUS IPO statistics: 2019
158 companies priced US IPOs in 2019, raising $43.47B. The median deal raised $106.7M ($125M among deals over $25 million), and the largest was Uber Technologies, Inc at $8.1B. 22% of deals with a filed range priced above it and 19% below it.
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By quarter
| Quarter | IPOs | Raised |
|---|---|---|
| Q1 | 19 | $1.73B |
| Q2 | 63 | $25.9B |
| Q3 | 37 | $10.07B |
| Q4 | 39 | $5.77B |
By sector
| Sector | IPOs | Raised |
|---|---|---|
| Biotech & pharma | 49 | $5.74B |
| Technology | 28 | $9.66B |
| Financials | 24 | $4.93B |
| Consumer | 17 | $5.19B |
| Healthcare | 15 | $2.86B |
| Business services | 10 | $9.78B |
| Energy, mining & utilities | 7 | $1.53B |
| Industrials & materials | 5 | $3.47B |
| Real estate & finance | 3 | $297M |
By exchange
| Exchange | IPOs |
|---|---|
| Nasdaq | 110 |
| NYSE | 33 |
| Not stated | 13 |
| NYSE American | 2 |
Pricing versus the filed range
| Priced | Share of deals |
|---|---|
| Above the range | 22% |
| Within the range | 59% |
| Below the range | 19% |
Based on the 80 IPOs whose filings set a price range.
Largest IPOs
| Company | Priced | Raised | Market cap | Lead-left |
|---|---|---|---|---|
| Uber Technologies, Inc | May 13, 2019 | $8.1B | $75.71B | Morgan Stanley |
| Avantor, Inc. | May 20, 2019 | $2.9B | $7.48B | Goldman Sachs |
| XP Inc. | Dec 11, 2019 | $1.96B | $13.75B | Goldman Sachs |
| Pinterest, Inc. | Apr 18, 2019 | $1.43B | $10.06B | Goldman Sachs |
| SmileDirectClub, Inc. | Sep 13, 2019 | $1.35B | $8.85B | J.P. Morgan |
| Peloton Interactive, Inc. | Sep 26, 2019 | $1.16B | $1.26B | Goldman Sachs |
| Tradeweb Markets Inc. | Apr 5, 2019 | $1.08B | $6B | J.P. Morgan |
| Chewy, Inc. | Jun 17, 2019 | $1.02B | $8.77B | Morgan Stanley |
| Zoom Communications, Inc. | Apr 18, 2019 | $751.3M | $866.5M | Morgan Stanley |
| Rattler Midstream LP | May 24, 2019 | $665M | $2.65B | Credit Suisse |
Most active lead-left banks
| Bank | IPOs led |
|---|---|
| Goldman Sachs | 26 |
| Morgan Stanley | 23 |
| J.P. Morgan | 20 |
| Credit Suisse | 9 |
| Citigroup | 8 |
| Jefferies | 6 |
| Leerink Partners | 6 |
| Barclays | 5 |
| Raymond James | 4 |
| Stifel | 3 |
Full rankings: 2019 IPO underwriter league table · every 2019 IPO
Operating-company IPOs on US exchanges, read from each final prospectus. Excludes SPAC IPOs, direct listings, uplistings, closed-end funds and Reg A offerings. "Raised" is gross proceeds at the IPO price before the over-allotment option. Above and below range count only deals whose filings set a price range.
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