Summary

• Three companies completed IPOs this past week, a short four-day trading week due to the Juneteenth holiday.
• While the SpaceX IPO may be in the rearview mirror, its trading still dominated financial headlines this week.
• Three IPOs are currently on the calendar for the week ahead, though smaller issuers may join throughout the week.
• One lock-up period will be expiring in the week ahead.

Three companies completed IPOs this past week, a short four-day trading week due to the Juneteenth holiday. Drug developer Kardigan was the clear winner with a 37.5% first-day pop, the second biotech winner in a row following Parabilis