Categories Analysis, Health Care

2018 was the year of healthcare IPOs. Here is why

There were quite a few blockbuster IPOs this year, mostly by tech firms, including Spotify (SPOT), Dropbox (DBX), Elastic (ESTC) and Chinese streaming giant iQiyi (IQ). While you were busy pursuing these popular tech stocks, what you probably missed was the fact that 2018 was, in fact, a year of healthcare IPOs.

At least 70 companies from the healthcare industry went public in 2018, constituting about 40% of all IPOs this year. Technology was the second largest sector, accounting for about 22% of all IPOs.

2018 IPO by industry

However, the sheer number of healthcare IPOs is the not the surprising element here; most of the best-performing stocks come from this industry as well. Eight out of the top 10 best performing IPO stocks come from the healthcare sector, with an average returns-till-date of a staggering 202%.

No surprises on the best performer here. Canada-based medical marijuana company Tilray (TLRY), which went public in July at an offer price of $17, is currently trading at $110.88, an increase of 550%.

Following this is a not-much hyped biotechnology company Allakos (ALLK), which is developing antibodies for the treatment of eosinophilic gastritis, an inflammatory disease of the gastrointestinal tract. The stock was offered at $18 and has since rallied to $59.03. In mid-October, the stock did fall to $33, but it regained value in the coming months.

Top 10 stocks that went public this year in terms of returns

But before you jump into conclusions, let us present the other side of the story as well. Healthcare stocks have a majority presence in the bottom 10 also, though not quite as extensive as the top 10.  Six out of the worst 10 performing IPO stocks are from the industry, with Genprex (GNPX) and Eyenovia (EYEN) leading the pack. While Genprex has lost over 70% of its value, Eyenovia is down  67%.

Tencent Music might finally launch its IPO on December 12

The other four healthcare stocks in the worst performing list are Menlo Therapeutics (MNLO), Constellation Pharmaceuticals (CNST), Neon Therapeutics (NTGN), and Entasis Therapeutics Holdings (ETTX).

 

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference, and much more!

Most Popular

Infographic: How Kohl’s Corporation (KSS) performed in Q1 2024

Kohl’s Corporation (NYSE: KSS) reported first quarter 2024 earnings results today. Net sales decreased 5.3% year-over-year to $3.2 billion. Comparable sales decreased 4.4%. Net loss was $27 million, or $0.24

Best Buy Co. (BBY) Q1 2025 earnings rise; comparable sales down 6.1%

Best Buy Co., Inc. (NYSE: BBY), a leading retailer of consumer electronics and related merchandise, reported higher profit for the first quarter of 2025, despite a decline in revenues. First-quarter

HRL Earnings: Key quarterly highlights from Hormel’s Q2 2024 financial results

Hormel Foods Corporation (NYSE: HRL) reported its second quarter 2024 earnings results today. Net sales decreased 3% year-over-year to $2.89 billion. Net earnings attributable to Hormel Foods Corporation were $189.2

Comments

  1. Pingback: Reba Fleurantin
  2. Pingback: Leandro Farland
  3. Pingback: MILFCity
  4. Pingback: Assignment help
  5. Pingback: valentines gift
  6. Pingback: scar treatment
  7. Pingback: valentine pillow
  8. Pingback: Click Here
  9. Pingback: Click Here
  10. Pingback: Click Here
  11. Pingback: Click Here
  12. Pingback: Click Here
  13. Pingback: Click Here
  14. Pingback: Click Here
  15. Pingback: Click Here
  16. Pingback: Click Here
  17. Pingback: Click Here
  18. Pingback: Click Here
  19. Pingback: Click Here
  20. Pingback: Click Here
  21. Pingback: Click Here
  22. Pingback: Click Here
  23. Pingback: Click Here
  24. Pingback: Click Here
  25. Pingback: Click Here
  26. Pingback: Click Here
  27. Pingback: Click Here
  28. Pingback: Click Here
  29. Pingback: Click Here
  30. Pingback: spaceros
  31. Pingback: Click Here
  32. Pingback: Click Here
  33. Pingback: Click Here
  34. Pingback: Click Here
  35. Pingback: Click Here
  36. Pingback: Click Here
  37. Pingback: Click Here
  38. Pingback: Click Here
  39. Pingback: Click Here
  40. Pingback: Click Here
  41. Pingback: Click Here
  42. Pingback: Click Here
  43. Pingback: Click Here
  44. Pingback: Click Here
  45. Pingback: Click Here
  46. Pingback: Click Here
  47. Pingback: Click Here
  48. Pingback: Click Here
  49. Pingback: Click Here
  50. Pingback: Click Here
  51. Pingback: Click Here
  52. Pingback: Click Here
  53. Pingback: Click Here
  54. Pingback: Click Here
  55. Pingback: Click Here
  56. Pingback: Click Here
  57. Pingback: Click Here
  58. Pingback: Click Here
  59. Pingback: Click Here
  60. Pingback: Click Here
  61. Pingback: Click Here
  62. Pingback: Click Here
  63. Pingback: Click Here
  64. Pingback: Click Here
  65. Pingback: Refer and Earn
  66. Pingback: Click Here
  67. Pingback: Click Here
  68. Pingback: Click Here
  69. Pingback: Click Here
  70. Pingback: Click Here
  71. Pingback: Click Here
  72. Pingback: Click Here
  73. Pingback: Click Here
  74. Pingback: Click Here
  75. Pingback: Click Here
  76. Pingback: Click Here
  77. Pingback: Click Here
  78. Pingback: best-domain-broker
  79. Pingback: buy-domains
  80. Pingback: superhero
  81. Pingback: Google reviews
  82. Pingback: 2023 Books
  83. Pingback: marriage records
  84. Pingback: burial
  85. Pingback: death
  86. Pingback: funeral directory
  87. Pingback: Chirurgie Tunisie
  88. Pingback: Oral Surgery
  89. Pingback: Academic Appeals
  90. Pingback: Dr. Khaled Azazy
  91. Pingback: distance education
  92. Pingback: Prof. Ebada Sarhan
  93. Pingback: Tamer Hosny
  94. Pingback: MBA in FUE
  95. Pingback: tirage vertical
  96. Pingback: Fiverr Earn
  97. Pingback: Fiverr Earn
  98. Pingback: Fiverr Earn
  99. Pingback: shipping broker
  100. Pingback: austin frenchie
  101. Pingback: clima para hoy
  102. Pingback: fiverrearn.com
  103. Pingback: fiverrearn.com
  104. Pingback: springer doodle
  105. Pingback: blockchain
  106. Pingback: sorority necklaces
  107. Pingback: clima fresno
  108. Pingback: brindle frenchie
  109. Pingback: multisbo rtp
  110. Pingback: fue
  111. Pingback: FUE
  112. Pingback: FUE
  113. Pingback: FUE
  114. Pingback: Secure storage
  115. Pingback: Residential moving
  116. Pingback: FiverrEarn
  117. Pingback: FiverrEarn
  118. Pingback: Fiverr
  119. Pingback: Fiverr.Com
  120. Pingback: FiverrEarn
  121. Pingback: FiverrEarn
  122. Pingback: FiverrEarn
  123. Pingback: partners
  124. Pingback: Predictions
  125. Pingback: FiverrEarn
  126. Pingback: FiverrEarn
  127. Pingback: FiverrEarn
  128. Pingback: french bulldog
  129. Pingback: FiverrEarn
  130. Pingback: FiverrEarn
  131. Pingback: FiverrEarn
  132. Pingback: FiverrEarn
  133. Pingback: watch
  134. Pingback: garden
  135. Pingback: Kuliah Termurah
  136. Pingback: FiverrEarn
  137. Pingback: cheap sex cams
  138. Pingback: fullersears.com
  139. Pingback: fullersears.com
  140. Pingback: fullersears.com
  141. Pingback: porno izle
  142. Pingback: porn
  143. Pingback: child porn
  144. Pingback: porn
  145. Pingback: live sex cams
  146. Pingback: frt trigger
  147. Pingback: Seo Work
  148. Pingback: 늑대닷컴
  149. Pingback: Uang asli
  150. Pingback: One Peace AMV
  151. Pingback: nang delivery
  152. Pingback: allgame
  153. Pingback: 918kiss
  154. Pingback: หวย24
  155. Pingback: Best cleansers
  156. Pingback: pg slot
  157. Pingback: porno izle
  158. Pingback: aplikasi game slot
  159. Pingback: upstate hotels
  160. Pingback: megagame
  161. Pingback: SaaS Lawyer
  162. Pingback: itsMasum.Com
  163. Pingback: itsMasum.Com
  164. Pingback: url
  165. Pingback: itsmasum.com
  166. Pingback: itsmasum.com
  167. Pingback: porn
  168. Pingback: moscow jobs
  169. Pingback: usa jobs
  170. Pingback: dubai jobs
  171. Pingback: grandpashabet
  172. Pingback: child porn
  173. Pingback: child porn
  174. Pingback: child porn
  175. Pingback: sex historie
Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top