Equities
Energy And Tech Soar On Friday; S&P 500 down 1.4% For The Week
A pretty quiet week for the primary market: the IFR reported totals of $599m for IPOs and $1.6bn for follow-ons (not counting SPACs)
Published ET

YTD TOtal Returns (05/14/2021) | Sources: ϕpost, Refinitiv data
QUICK SUMMARY
- Daily performance of US indices: S&P 500 up 1.49%; Nasdaq Composite up 2.32%; Wilshire 5000 up 1.78%
- Top performing sectors: energy up 3.16% and technology up 2.12%
- Bottom performing sectors: health care up 0.38% and utilities up 0.39%
- Daily performance of international indices: Europe Stoxx 600 up 1.19%; China CSI 300 up 2.36%; Japan up 1.83%; UK FTSE 100 up 1.15%
VOLATILITY
- 1-month at-the-money implied volatility on the S&P 500 at 14.0%, down from 17.5%
- 1-month at-the-money implied volatility on the Europe Stoxx 600 at 14.6%, down from 16.2%
WINNERS
- Gevo Inc (GEVO), up 23.9% to $5.90 / YTD price return: +38.8% / 12-Month Price Range: $ .46-15.57 / Short interest (% of float): 11.0%; days to cover: 1.5
- Upstart Holdings Inc (UPST), up 23.0% to $103.36 / YTD price return: +153.6% / 12-Month Price Range: $ 22.61-165.66 / Short interest (% of float): 5.8%; days to cover: 1.1
- Dillard's Inc (DDS), up 22.7% to $125.35 / YTD price return: +98.8% / 12-Month Price Range: $ 21.50-128.00 / Short interest (% of float): 8.9%; days to cover: 4.5
- Cricut Inc (CRCT), up 22.7% to $24.54 / 12-Month Price Range: $ 14.88-27.35 / Short interest (% of float): 3.5%; days to cover: 0.4
- Bionano Genomics Inc (BNGO), up 22.4% to $5.40 / YTD price return: +75.3% / 12-Month Price Range: $ .35-15.69 / Short interest (% of float): 11.3%; days to cover: 1.4
- DoorDash Inc (DASH), up 22.1% to $141.07 / YTD price return: -1.2% / 12-Month Price Range: $ 110.13-256.09 / Short interest (% of float): 4.6%; days to cover: 5.7
- ContextLogic Inc (WISH), up 20.7% to $9.79 / YTD price return: -46.3% / 12-Month Price Range: $ 7.95-32.85 / Short interest (% of float): 6.0%; days to cover: 5.2
- Vivint Smart Home Inc (VVNT), up 19.5% to $14.01 / YTD price return: -32.5% / 12-Month Price Range: $ 9.95-25.10 / Short interest (% of float): 1.5%; days to cover: 8.3
- Atea Pharmaceuticals Inc (AVIR), up 19.2% to $22.91 / YTD price return: -45.2% / 12-Month Price Range: $ 18.72-94.17 / Short interest (% of float): 7.4%; days to cover: 6.3
- Waterdrop Inc (WDH), up 17.5% to $8.18 / 12-Month Price Range: $ 6.89-11.77
LOSERS
- Plantronics Inc (PLT), down 20.4% to $29.44 / YTD price return: +8.9% / 12-Month Price Range: $ 10.95-50.89 / Short interest (% of float): 7.8%; days to cover: 6.8 (the stock is currently on the short sale restriction list)
- Heron Therapeutics Inc (HRTX), down 10.8% to $13.85 / YTD price return: -34.6% / 12-Month Price Range: $ 12.52-22.40 / Short interest (% of float): 20.7%; days to cover: 18.3 (the stock is currently on the short sale restriction list)
- MediaAlpha Inc (MAX), down 9.5% to $34.80 / YTD price return: -10.9% / 12-Month Price Range: $ 21.62-70.33 / Short interest (% of float): 2.5%; days to cover: 1.4 (the stock is currently on the short sale restriction list)
- Abcellera Biologics Inc (ABCL), down 7.0% to $31.75 / YTD price return: -21.1% / 12-Month Price Range: $ 23.20-71.91 / Short interest (% of float): 5.4%; days to cover: 4.8 (the stock is currently on the short sale restriction list)
- California Resources Corp (CRC), down 6.7% to $24.13 / YTD price return: +2.3% / 12-Month Price Range: $ 10.99-28.10 / Short interest (% of float): 1.0%; days to cover: 3.0
- ProShares UltraPro Short QQQ (SQQQ), down 6.6% to $11.93 / YTD price return: -21.4% / 12-Month Price Range: $ 10.44-59.70 / Short interest (% of float): 5.9%; days to cover: 0.1
- Alkami Technology Inc (ALKT), down 5.7% to $29.24 / 12-Month Price Range: $ 30.41-49.32 / Short interest (% of float): 0.4%; days to cover: 0.5
- Custom Truck One Source Inc (CTOS), down 4.6% to $9.57 / YTD price return: +29.9% / 12-Month Price Range: $ 1.96-10.96 / Short interest (% of float): 3.4%; days to cover: 11.6
- Legend Biotech Corp (LEGN), down 4.6% to $29.60 / YTD price return: +5.1% / 12-Month Price Range: $ 23.41-43.24
NEW IPOs ANNOUNCED OR PRICED
- Pepco Group BV / United Kingdom - Retail / Listing Exchange: Warsaw / Ticker: not listed yet / Gross proceeds (including overallotment): US$ 858.64m (offering in Polish Zloty) / Bookrunners: Powszechna Kasa Oszczednosci Bank Polski SA, Barclays Bank (Ireland), Santander Bank Polska SA, JP Morgan AG, Goldman Sachs Bank Europe SE
- Tokaido REIT Inc / Japan - Financials / Listing Exchange: Tokyo / Ticker: 2989 / Gross proceeds (including overallotment): US$ 137.32m (offering in Japanese Yen) / Bookrunners: Mizuho Securities Co Ltd, Daiwa Securities Co Ltd
EQUITY FOLLOW-ONS / SECONDARY OFFERINGS
- Credit Bank of Moscow PJSC / Russian Federation - Financials / Listing Exchange: Moscow / Ticker: CBOM / Gross proceeds (including overallotment): US$ 306.37m (offering in Russian Rouble) / Bookrunners: Societe Generale SA, Renaissance Capital Group, Aton, Citigroup, BCS Global Markets, Sova Capital
- Shenzhen Selen Science & Technology Co Ltd / China - Consumer Staples / Listing Exchange: ShenzSME / Ticker: 002341 / Gross proceeds (including overallotment): US$ 128.45m (offering in Chinese Yuan)