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    Fitbit Inc. (FIT) is poised for its worst daily percentage drop Thursday since its debut in June despite robust quarterly earnings as the maker of wearable fitness-tracking devices posted second-quarter gross margin that missed expectations. Fitbit (FIT) reported gross margin of 47% when Wall Street had expected 48%, according to analyst Steven Wardell at Leerink Partners who attributed it to a mix of new products. "While a lower gross margin adversely affects earnings, we believe that...

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    Shares of Philadelphia Energy Solutions Inc (PESC), the operator of the biggest oil refinery on the U.S. East Coast, will not be priced before the New York market closes on Thursday, a person familiar with the IPO said. The 149 year-old company, which private equity firm Carlyle Group LP saved from closure in 2012, had been expected to begin trading on Thursday.

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    IPO prices at $16, the high end of expectations. Planet Fitness, Inc. (PLNT) priced its initial public offering at $16 a share late Wednesday, the high end of its guidance range. The company sold 13.5 million shares to raise $216 million.

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    Planet Fitness Inc's (PLNT) initial public offering priced at $16 per share, the top end of the expected range of $14-$16, valuing the fitness club operator at $1.58 billion ahead of its trading debut on Thursday. Planet Fitness (PLNT) gyms, known for their "judgment free" approach featuring relatively non-demanding equipment and regimens, have more than 7 million members.

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    Better-for-you salty snack company's stock opens below IPO price, and keeps slipping. SkinnyPop popcorn maker Amplify Snack Brands Inc.' s shares didn't have a good first day in the stock market, but that didn't seem to phase the salty-snack company's chief executive. The stock's first trade on the New York Stock Exchange was at 10:24 a.m. Eastern, at $17. That was 5.6% below the initial public offering price of $18, which was above the expected pricing range of $14 to $16. The stock...

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    Planet Fitness Inc's (PLNT) initial public offering was priced at $16 per share, valuing the fitness club operator at $1.58 billion. Planet Fitness (PLNT) sold 9.1 million class A shares in the 13.5-million-share offering, raising $145.6 million. Private equity firm TSG Consumer Partners, the company's largest shareholder, sold the remaining shares.

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    Bojangles' Inc. (BOJA) is slated to report second-quarter earnings after the bell Thursday. The Charlotte, N.C-based chicken-and-biscuit chain went public on May 8, pricing its initial public offering at $19 a share and raising nearly $150 million. Shares rallied 25% that first day.

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    Amplify Brands prospects in the healthy snacks business didn't whet the appetite of investors on its first day of trading. Ennis was quick to point out that Amplify Brands priced above its previously estimated range.

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    Wedbush analysts say Handmade at Amazon' clearly superior' for Etsy (ETSY) sellers. Etsy Inc. (ETSY) shares tanked Wednesday, causing the stock to trade below its initial public offering price a day after the company reported weak earnings and a soft outlook. Etsy (ETSY) late Tuesday reported a net loss of $6.4 million, or 7 cents a share, wider than the loss of 6 cents expected by analysts surveyed by FactSet.

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    Amplify Snack Brands Inc.' s stock got off to a rough start, as it extended losses below the initial public offering price on its debut on the NYSE. The IPO priced late Tuesday at, above the expected range of $14 to $16, which usually indicates strong demand and an upbeat first-day performance. But the stock opened at $17, or 5.6% below the IPO price, and was last down 8.6% at $16.45.

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    Etsy (ETSY) shares are falling sharply, down 20.8% to $15.23 in morning trading on Wednesday, below the stock's IPO price of $16 following the release of its second quarter earnings results after the closing bell yesterday. The online marketplace reported a net loss of $6.35 million, double the $3.15 million the company lost a year ago.

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    Ferrari, one of the world's most famous car brands, filed plans in July to go public. Here are three things you need to know before jumping into the fray. 1. A successful IPO could pave the way to Fiat Chrysler's next mega-merger. According to analysts, Ferrari will be valued at between $6 billion and $11 billion.

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    Shares of online crafts marketplace Etsy Inc. (ETSY) tumbled 22% on Wednesday to $15.03, pushing below their $16 IPO price after weaker-than-expected second-quarter earnings. The company said its loss widened to $6.35 million, or 7 cents a share, from $3.15 million, or 8 cents a share, a year earlier. Analysts polled by FactSet were expecting a loss of 6 cents a share.

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    Cloud-focused data-storage company Tintri said it had raised $125 million in a funding round led by Silver Lake Kraftwerk, positioning the Mountain View, Calif., based start-up for a 2016 initial public offering. The funding will help the company expand and put it on a trajectory sometime next year for a cashflow-breakeven quarter, meaning revenue meets or exceeds costs.

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    Berlin-based HelloFresh, an online food delivery company, may launch an initial public offering as early as October, according to a news report Wednesday. The IPO could value the company at more than 1 billion euros, Reuters reported, citing an unnamed source. E-commerce group Rocket Internet from Germany and Insight Venture, which own HelloFresh, have told Morgan Stanley and Goldman Sachs to put the listing together, the report said.