This guide studies the top 14 companies that had their IPO in 2017. Together, we’ll look at their IPO date, price, valuation, and stock symbol.
Companies that had their IPO in 2017
These are the TOP 5 companies that had their IPO in 2017: Snap, Blue Apron Holdings, Roku, Canada Goose, and Cloudera.
1. Snap Inc. (SNAP)
IPO Date: March 2, 2017
IPO Price: $17
Valuation: $24 million
Stock Symbol: SNAP
Snap Inc., the parent company of Snapchat, faced challenges post-IPO including competition from Facebook and concerns about user growth.
2. Blue Apron Holdings Inc. (APRN)
IPO Date: June 29, 2017
IPO Price: $10
Valuation: $1.9 million
Stock Symbol: APRN
Blue Apron, a meal kit delivery service, struggled with customer retention and operational issues following its IPO, leading to a decline in its stock price.
3. Roku Inc. (ROKU)
IPO Date: September 28, 2017
IPO Price: $14
Valuation: $1.3 million
Stock Symbol: ROKU
Roku, a streaming device and platform company, experienced significant growth post-IPO as consumers shifted towards streaming entertainment services.
4. Canada Goose Holdings Inc. (GOOS)
IPO Date: March 16, 2017
IPO Price: $12.78
Valuation: $1.88 million
Stock Symbol: GOOS
Canada Goose, known for its high-quality winter clothing, saw its stock perform well post-IPO, capitalizing on growing demand for its products globally.
5. Cloudera Inc. (CLDR)
IPO Date: April 28, 2017
IPO Price: $15
Valuation: $1.9 billion
Stock Symbol: CLDR
Cloudera, a software company specializing in big data analytics, faced competition and market challenges post-IPO despite initial enthusiasm.
6. Carvana Co. (CVNA)
IPO Date: April 27, 2017
IPO Price: $15
Valuation: $2.1 billion
Stock Symbol: CVNA
Carvana, an e-commerce platform for buying and selling used cars, experienced growth post-IPO but also faced scrutiny over its business model and financial performance.
7. Stitch Fix Inc. (SFIX)
IPO Date: November 17, 2017
IPO Price: $15
Valuation: $1.6 billion
Stock Symbol: SFIX
Stitch Fix, an online personal styling service, had a successful IPO despite concerns about its profitability and competition in the fashion retail industry.
8. MuleSoft Inc. (MULE)
IPO Date: March 17, 2017
IPO Price: $17
Valuation: $2.9 billion
Stock Symbol: MULE
MuleSoft, a software integration platform, saw strong investor interest post-IPO due to its innovative technology and potential for growth in the enterprise software market.
9. At Home Group Inc. (HOME)
IPO Date: August 3, 2017
IPO Price: $15
Valuation: $1.2 billion
Stock Symbol: HOME
At Home, a home decor retailer, faced challenges in the retail sector post-IPO but continued to expand its store footprint and digital presence.
10. Tintri Inc. (TNTR)
IPO Date: June 30, 2017
IPO Price: $7
Valuation: $445 million
Stock Symbol: TNTR
Tintri, a storage and data management company, struggled post-IPO due to competition and challenges in the enterprise storage market.
11. Switch Inc. (SWCH)
IPO Date: October 6, 2017
IPO Price: $17
Valuation: $4.2 billion
Stock Symbol: SWCH
Switch, a data center infrastructure company, faced challenges post-IPO due to concerns about its growth prospects and competitive landscape.
12. MongoDB Inc. (MDB)
IPO Date: October 19, 2017
IPO Price: $24
Valuation: $1.2 billion
Stock Symbol: MDB
MongoDB, a database platform, saw strong investor interest post-IPO due to its innovative technology and potential for disruption in the database market.
13. Netshoes (Cayman) Limited (NETS)
IPO Date: April 12, 2017
IPO Price: $18
Valuation: $500 million
Stock Symbol: NETS
Netshoes, a Latin American online retailer of sporting and lifestyle goods, faced challenges post-IPO including competition and economic instability in its key markets.
14. Okta Inc. (OKTA)
IPO Date: April 6, 2017
IPO Price: $17
Valuation: $1.5 billion
Stock Symbol: OKTA
Okta, a cloud identity management company, experienced strong investor demand post-IPO as businesses increasingly relied on cloud-based services for security and authentication.
Frequently Asked Questions
1. How many companies went public in 2017?
In 2017, there were approximately 160 companies that went public in the United States.
This number includes both initial public offerings (IPOs) and direct listings on stock exchanges like the New York Stock Exchange (NYSE) and the NASDAQ.
2. What is the new IPO in 2017?
One notable IPO in 2017 was Snap Inc., the parent company of Snapchat. Snap went public on March 2, 2017, and offered shares on the New York Stock Exchange (NYSE) under the ticker symbol “SNAP.” It was one of the most highly anticipated tech IPOs of that year.
3. What was the share market in 2017?
In 2017, the stock market experienced significant growth and reached record highs. The S&P 500, a key benchmark index representing the performance of large-cap U.S. stocks, posted a gain of approximately 19% for the year.
The Dow Jones Industrial Average (DJIA) and the NASDAQ Composite Index also saw strong gains, reflecting overall positive sentiment and optimism among investors.
