There were a record 1,035 IPOs on the U.S. stock market in 2021. Of these, 159 have returned profits to investors.
This means that last year, an investor had a 15.36% chance of investing in an IPO that would generate returns. Of the highest returning IPOs of 2021, some include:
Gainers
Veru Inc. (NASDAQ: VERU) shares jumped 62.5% to $14.67 after the company reported quarterly results on Thursday. Jefferies maintained Veru with a Buy and raised the price target from $33 to $55.
Landos Biopharma (NASDAQ:LABP) reported quarterly losses of $(0.37) per share. This is a 2.63 percent increase over losses of $(0.38) per share from the same period last year.