We’re nearly three-fourths of the way through the year, and a lot of new issues have gotten quite a bit of attention in the market. But while some have soared, others have disappointed investors. Let’s take a look at four notable IPOs this year: Shake Shack (SHAK), Fitbit (FIT), Box (BOX) and Etsy (ETSY). Shake Shack’s burgers and frozen custards have attracted long lines, and the East Coast-based chain is in expansion mode. Earlier this month,
Online file storage company Box corporate customer additions, focus on security, and strategic partnerships foreshadow more revenue upside while rivals such as Google (GOOGL) and Microsoft (MSFT) lose momentum, says Pacific Crest Securities. Analyst Rob Owens upgraded the Box (BOX) stock to overweight with a 24 price target. Los Altos, Calif.-based Box’s stock rose 2.8% to 16.75 in early trading in the stock market today Box partnered with IBM in
Shares in online file storage company Box (BOX) fell for the second straight day following the expiration of its IPO lock-up period. Los Altos, Calif.-based Box’s stock was down more than 1% in late-afternoon trading in the stock market today. Earlier, Box stock fell as much as 2.9% and touched a record low of 16.15. Shares fell 2.5% on Wednesday. Box’s January IPO raised $175 million, selling 12.5 million shares at 14. Lock-up periods prevent