Daily BriefsECM

Daily Brief ECM: ECM Weekly (4th Dec 2022) – Skymark and more

In today’s briefing:

  • ECM Weekly (4th Dec 2022) – Skymark, Daiei, Sunshine, Lygend, Weilong, NRI, Zomato, Goto, Bobcat
  • Palo Alto Networks: Acquisition of Cider Security & Other Drivers

ECM Weekly (4th Dec 2022) – Skymark, Daiei, Sunshine, Lygend, Weilong, NRI, Zomato, Goto, Bobcat

By Sumeet Singh

  • Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
  • On the IPO front, the two Japanese IPO set the ball rolling for the year end rush, with a few more lined up in Hong Kong along with Sunshine.
  • There were a few largish selldowns in Japan and India and given Hong Kong’s recent performace, it will see some deals soon as well.

Palo Alto Networks: Acquisition of Cider Security & Other Drivers

By Baptista Research

  • Palo Alto had a strong first quarter and managed to surpass Wall Street expectations in terms of top-line growth as well as profitability.
  • As the macroeconomic situation shifts, the company is ramping up its efforts to create incremental operating leverage in its business.
  • Another interesting fact is that Palo Alto has consistently outperformed other tech and cybersecurity stocks even in market lows.

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