CNBC TV Asia, Wednesday, November 18, 2015
Insight into Square's IPO pricing
Fortune, Match Group & Square
Friday, November 19, 2015
“It’s very good that Square went public and moved up because now people will be more open to tech stocks next year,” said Francis Gaskins, president of research firm IPO Desktop.
Gaskins said shares of both Square and Match Group had risen as their offerings had been priced low. Shares of Match were priced at $12 each, at the lower end of the expected range of $12 to $14.
Source, Fortune: Match Group Shares Find Investor Love After IPO
Los Angeles Times, Match Group & Square
Thursday, November 19, 2015
Square shares soar 45% in market debut; Match's IPO goes well too
"Some of the things tech companies could have gotten away with a couple years ago, they can't now," said Francis Gaskins, editor and president of IPOdesktop in Marina del Rey.
"Institutional investors are more conservative; they want to see stronger fundamentals. Now, they want to know what is the rate of growth in the top line revenue and how soon can they break even."
Source, Los Angeles Times: Square shares soar 45% in market debut; Match's IPO goes well too