Factbox: WeWork takes its place in 2019's spoiled IPO party

DouYu International Holdings

17/09/2019 19:05

Sept 17 (Reuters) - WeWork owner The We Company postponed
its initial public offering (IPO) after a lackluster response
from investors to its plans, adding to a long list of high
profile names that have failed to click as listed companies this
year.
    The U.S. office-sharing startup's latest step comes just
days after Reuters reported that it might seek a valuation of
between $10 billon and $12 billion, a deep discount to the $47
billion valuation it achieved in January.  urn:newsml:reuters.com:*:nL3N2641R8
 urn:newsml:reuters.com:*:nL3N2673X7
    While 2019 has seen some of the most recognizable private
brands look hopefully at the public markets, those that did list
on U.S. stock exchanges this year have had a rough year too.
    
    ** Ride-hailing company Uber Technologies Inc  UBER.N 
    -- IPO Price: $45.00
    -- Debut date: May 10
    -- Debut open: $42.00; Debut close: $41.57
    -- Performance since IPO: down 23.5%
 
    ** Ride-hailing company Lyft Inc  LYFT.O  
    -- IPO Price: $72.00
    -- Debut date: March 29
    -- Debut open: $87.24; Debut close: $78.29
    -- Performance since IPO: down 33.6%
    
    ** Workplace messaging firm Slack Technologies Inc  WORK.N 
    -- Direct Listing on NYSE
    -- IPO reference price: $26.00
    -- Debut date: June 20
    -- Debut open: $38.50; Debut close: $38.62
    -- Performance since debut: down 32.2%
    
    ** China's Wanda Sports Group Co Ltd  WSG.O 
    -- IPO Price: $8.00
    -- Debut date: July 26
    -- Debut open: $6.00; Debut close: $5.16
    -- Performance since IPO: down 41.4%
    
    ** Luxury online reseller RealReal Inc  REAL.O 
    -- IPO Price: $20.00
    -- Debut date: June 28
    -- Debut open: $28.00; Debut close: $28.90
    -- Performance since IPO: down 16.3%
    
    ** China's largest live-streaming platform DouYu
       International Holdings Inc  DOYU.O 
    -- IPO Price: $11.50
    -- Debut date: July 17
    -- Debut open: $11.02; Debut close: $11.50
    -- Performance since IPO: down 18.9%
    
    Source- Reuters data, Regulatory filings
    --Performance is based on stock's Monday close

 (Reporting by Shariq Khan in Bengaluru; Editing by Shounak
Dasgupta)
 ((Shariq.Khan@thomsonreuters.com; Within U.S.+1 646 223 8780,
outside U.S. +91 80 6749 9759;))