BUZZ- U.S. IPOs: Shock and awe

Mon Apr 20, 2015 1:59pm EDT
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** Blistering performances and billion-dollar valuations cap busiest week for debuts in almost two months

** Six companies raise $1.4 bln and share-price moves boost YTD IPO average return to 22 pct, highest level so far, according to Renaissance Capital

** Aduro Biotech shares double out of the gate and close 147 pct above their IPO price, which represents the fifth-best first-day performance since 2001, according to IFR

** Three more widely recognized names Etsy Inc, Party City Holdco and Virtu Financial all price at top-end of filed ranges and notch impressive day-one performances of 88 pct, 22 pct and 17 pct, respectively

** Along with last week IPOs, 14 follow-ons and one convert price for total transaction value of $4.5 bln

** Aquisition-related follow-ons again prominent, most notable was Blackstone Mortgage Trust's $700 mln raise to finance buy of General Electric's commercial loan portfolio

** Looking ahead, just two debuts slated this week, though Apigee Corp's $87 mln offering suggests a tech IPO revival

** Recent Etsy, WoWo Ltd and GoDaddy Inc e-commerce IPOs prompt filings from Shopify Inc and Alibaba-backed Baozun

** Earnings season kicks in heartily this week and likely mutes secondary issuance

** Recent IPO coverage (Messaging: