olli – Scalper1

3 IPOs That Are Getting Strong Investor Attention

With strong investor demand for shares, ProNAi Therapeutics (DNAI) raised the expected price of its initial public offering, which is scheduled to price after the close Wednesday. ProNAi is among three of the eight IPOs out this week that are receiving strong investor interest. The others are discount retailer Ollie’s Bargain Outlet (OLLI) and cybersecurity firm Rapid7 (RPD). ProNAi is described as “a clinical-stage oncology company pioneering a

IPOs Coming Include Discount Retailer, Tech, Biotech

Eight companies are set to launch their public debut the week of July 13, altogether seeking to raise $676 million. The largest IPO on the docket is Ollie’s Bargain Outlet (OLLI), which operates 187 closeout retail locations in 16 states. The company looks to raise $125 million, offering 8.9 million shares at a price range of 13 to 15. Ollie’s reported revenue of $638 million for 2014, up 18%, and net income of $27 million. Ollie’s will trade on