Michael Okonkwo

Michael Okonkwo

IPO & Growth Analyst

Michael Okonkwo is an IPO and growth equity analyst at StockTi. He holds an MBA from Wharton and previously worked in venture capital, giving him a unique perspective on pre-IPO valuations and public market debuts. Michael covers new listings, SPAC transactions, and high-growth companies across all sectors. His analysis focuses on identifying inflection points in emerging companies transitioning from private to public markets.

IPO, Growth Stocks 231 articles

Articles by Michael Okonkwo

Jersey Mike's IPO Falters as Trading Volume Dries Up Post-Debut
IPO

Jersey Mike's IPO Falters as Trading Volume Dries Up Post-Debut

Jersey Mike's shares slipped below their IPO price on Friday as trading volume dropped 95% from the debut. The stock closed at $22.91, down 0.4% from the $23 offering price.

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Figma Faces Supply Test as 77.7M Shares Unlock After Earnings Drop
IPO

Figma Faces Supply Test as 77.7M Shares Unlock After Earnings Drop

Figma (FIG) faces a supply test as 77.7 million shares unlock Friday, adding pressure after a 14.9% earnings-driven decline.

FIG
SpaceX Faces $99B Lockup Expiry as AI Spending Surges
IPO

SpaceX Faces $99B Lockup Expiry as AI Spending Surges

SpaceX (NASDAQ:SPCX) faces a $99B lockup expiry on August 6, potentially doubling float. Q2 capex surged to $18.37B, 86% AI-focused, but shares fell 13.6%.

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Bending Spoons to Acquire Airtable in $2.25B Deal, Enterprise Value at 2.7x ARR
IPO

Bending Spoons to Acquire Airtable in $2.25B Deal, Enterprise Value at 2.7x ARR

Bending Spoons (NASDAQ:BSP) will acquire Airtable for $2.25 billion in cash, valuing the core business at $1.285 billion (2.7x ARR) after net cash.

L3Harris Shares Plunge $4.8B as Missile Unit IPO Delayed
IPO

L3Harris Shares Plunge $4.8B as Missile Unit IPO Delayed

L3Harris shares dropped 7.7% this week after a delayed missile IPO wiped out $4.8B in market value, despite strong Q2 earnings and record backlog.

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Jersey Mike's Recovers to $23 as Debt Concerns Loom
IPO

Jersey Mike's Recovers to $23 as Debt Concerns Loom

Jersey Mike's (NYSE:JMKE) shares recovered to $23 on Friday, erasing its debut decline, yet elevated debt and slowing same-store sales growth continue to pose challenges.

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Apnimed Surges 56% in Nasdaq Debut as FDA Decision Looms
IPO

Apnimed Surges 56% in Nasdaq Debut as FDA Decision Looms

Apnimed (NASDAQ:APMD) closes its first day up 56% at $25, valuing the company near $1 billion as the FDA reviews its sleep apnea treatment.

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Jersey Mike's IPO Stumbles: Shares Drop Below Offer Price
IPO

Jersey Mike's IPO Stumbles: Shares Drop Below Offer Price

Jersey Mike's (JMKE) fell 5.96% on its NYSE debut, erasing $435M in market value—more than its IPO proceeds. The stock closed at $21.63.

BX
Jersey Mike's IPO Raises $1B, Majority Goes to Selling Shareholders
IPO

Jersey Mike's IPO Raises $1B, Majority Goes to Selling Shareholders

Jersey Mike's (JMKE) IPO priced at $23 per share, raising $1 billion. Existing holders receive 68% of proceeds, while the company uses nearly all net cash to pay down debt.

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Ionic Digital Gains on Nasdaq Listing, $70 Supply Cap in Focus
IPO

Ionic Digital Gains on Nasdaq Listing, $70 Supply Cap in Focus

Ionic Digital (IOND) shares climbed to $61.96 on its Nasdaq debut, up from a $50 open. A $70 transfer restriction on 7.55 million shares from June's private placement could cap supply.

NVDA
CXMT IPO Turmoil Rattles Global Memory Chip Markets
IPO

CXMT IPO Turmoil Rattles Global Memory Chip Markets

CXMT's IPO caused sharp swings in memory chip stocks globally, with a constrained public float amplifying volatility. Major players like Micron and SK Hynix saw significant declines.

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Jersey Mike's IPO Priced at $21-$25, Majority Proceeds to Shareholders
IPO

Jersey Mike's IPO Priced at $21-$25, Majority Proceeds to Shareholders

Jersey Mike's targets $21-$25 per share in its IPO, with existing shareholders selling 68.3% of the offering. The company plans to use net proceeds of $301 million for debt reduction.

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