These are the 10 best-performing IPOs of 2019 so far

  • Renaissance Capital, a provider of institutional research and initial public offering ETFs, ranked the top ten best performing IPOs so far in 2019.
  • The companies were assessed based on their percentage gain since hitting the market.
  • The list includes some familiar names, but others may come as a surprise.
  • Visit the Markets Insider homepage for more stories.

2019 has been an exciting year for the initial public offering market.

Popular, venture-backed companies from Uber to Pinterest all entered the public market over the course of a few months, raising almost $US25 billion total, according to the latest estimates from Renaissance Capital, a provider of institutional research and IPO ETFs.


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Companies that have gone public this year have largely performed well in the market. According to Renaissance Capital’s review of the IPO market in the second quarter of 2019, the average return has been about 30%.

Here are the top ten best performing IPO’s so far in 2019 on a percentage basis:


10. Jumia Technologies

Ticker: JMIA

Offer Date: April 11, 2019

Deal Size: $US196 million

Sector: Technology

Return from IPO: 80.1%

Source: Renaissance Capital


9. CrowdStrike Holdings

CrowdStrikeCrowdStrike CEO George Kurtz.

Ticker: CRWD

Offer Date: June 11, 2019

Deal Size: $US612 million

Sector: Technology

Return from IPO: 84.3%

Source: Renaissance Capital


8. Revolve Group

Ticker: RVLV

Offer Date: June 6, 2019

Deal Size: $US212 million

Sector: Consumer Discretionary

Return from IPO: 86.4%

Source: Renaissance Capital


7. Tufin Software

Ticker: TUFN

Offer Date: April 10, 2019

Deal Size: $US108 million

Sector: Technology

Return from IPO: 88.1%

Source: Renaissance Capital


6. PagerDuty

PagerDuty

Ticker: PD

Offer Date: April 10, 2019

Deal Size: $US218 million

Sector: Technology

Return from IPO: 93.7%

Source: Renaissance Capital


5. Turning Point Therapeutics

Markets InsiderTurning Point shares

Ticker: TPTX

Offer Date: April 16, 2019

Deal Size: $US167 million

Sector: Healthcare

Return from IPO: 117.1%

Source: Renaissance Capital


4. Cortexyme

Markets InsiderCortexyme Shares

Ticker: CRTX

Offer Date: May 8, 2019

Deal Size: $US75 million

Sector: Healthcare

Return from IPO: 127.1%

Source: Renaissance Capital


3. Silk Road Medical

Markets InsiderSilk Road Medical shares

Ticker: SILK

Offer Date: April 3, 2019

Deal Size: $US120 million

Sector: Healthcare

Return from IPO: 129%

Source: Renaissance Capital


2. Zoom Video Communications

Ticker: ZM

Offer Date: April 17, 2019

Deal Size: $US751 million

Sector: Technology

Return from IPO: 139.8%

Source: Renaissance Capital


1. Beyond Meat

Drew Angerer/Getty ImagesThe Beyond Meat IPO at the Nasdaq Marketsite.

Ticker: BYND

Offer Date: May 1, 2019

Deal Size: $US241 million

Sector: Consumer Staples

Return from IPO: 541.9%

Source: Renaissance Capital

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