US IPO Weekly Winners & Losers
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This week saw mixed results for US IPOs. Cybersecurity firm Netskope raised $908 million and surged 30%, while StubHub fell 21% due to slowed growth. WaterBridge and Pattern, both PE-backed, gained 15% and 12%, respectively. The Renaissance IPO Index rose 2.2%, outperforming the S&P 500's 1.2%. Notable winners included Pony AI, up 38.2%, while Instacart dropped 10.5% amid insider selling. No major launches are scheduled for next week, but more companies may enter the pipeline as the market stabilizes.
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