$Clearwater Analytics (CWAN.US)$ $Enfusion (ENFN.US)$
Fintech Merger Advances: Clearwater-Enfusion Deal Passes Key Regulatory Test - What's Next?

Morning Movers
Gapping up
$Lululemon Athletica (LULU.US)$ shares climbed 3.9% after the company raised its current-quarter targets, driven by strong holiday-season demand for its apparel.
$Enfusion (ENFN.US)$ shares surged 12% after Clearwater Analytics (NYSE:CWAN), which rose 1.7%, announced a $1.5 billion cash-and-stock acquisition of the investment management platform.
$Intra-Cellular Therapies (ITCI.US)$ shares skyrocketed 35% ...

$Enfusion (ENFN.US)$ this will be bought out anytime soon, looking at price action and options flow

Morning Movers
Gapping up
$General Motors (GM.US)$ stock soared 7.8% after the auto giant reported lower pretax profit for the fourth quarter but gave investors an upbeat outlook for 2024 and signaled more capital could be returned to shareholders.
$Pfizer (PFE.US)$ stock rose 1.1% after the drugmaker reported a surprise quarterly profit, helped by COVID products demand being stronger than expectations and lower research costs.
$Ford Motor (F.US)$ stock ros...

On the last trading day, the S&P 500 index climbed 0.30%, while the NASDAQ Composite index rose 0.62%, and the Dow Jones Industrial Average dropped0.02%.
On Thursday, there was no traditional IPO filed and six new stocks officially listed for trading. Restaurant chain Portillo's soared45.5% in its trading debut, valued at $2.08 billion.Ventyx Biosciencessurged31.38% in market debut, valued at $0.99 billion.
Restaurant chain $Portillo’s Inc. (PTLO.US)$, founded in 1963 and known for its hot dogs and chocolate cake, is also going public.
Since its founding in a small trailer which Dick Portillo called 「The Dog House,」 Portillo’s has grown to become a treasured brand with a passionate nationwide following.
Its diverse menu features all-American favorites such as Chicago-style hot dogs and sausages, Italian beef sandwiches, chopped salads, burgers, crinkle-cut french fries, homemade chocolate cake and milkshakes.
Portillo's creates a consumer experience by combining attributes of fast casual and quick service concepts with an exciting energy-filled atmosphere and restaurant model.
As of June 27, 2021, it owned and operated 67 Portillo’s restaurants across nine states.
Related：
IPO-pedia | Hot Dog! Portillo's is going public
$Dutch Bros (BROS.US)$, based in the Grants Pass in southern Oregon where it was founded in 1992 by brothers Dane and Travis Boersma, is a high-growth operator and franchisor of drive-thru shops.
According to the filing, Dutch Bros is one of the fastest-growing brands in the foodservice and restaurant industry in the United States by location count. In the past five and a half years, the company has increased shop count from 254 shops in 7 states at the end of 2015 to 471 shops in 11 states as of June 30, 2021.
As of Oct 21th，it had a market cap of $3.02 billion. It went public on Sep 14h, 2021, with a first-day gain of 59.48% and a listed-to-date gain of 163.39%.
$Enfusion (ENFN.US)$ $P10 Inc (PX.US)$ $Ventyx Biosciences (VTYX.US)$ $Runway Growth Finance (RWAY.US)$ $Vita Coco (COCO.US)$

Related:
IPO-pedia | Coconut water brand Vita Coco tees up an IPO at over $2 bln value
$Context Therapeutics (CNTX.US)$ $Stronghold Digital Mining (SDIG.US)$ $Enfusion (ENFN.US)$ $P10 Inc (PX.US)$ $Portillo’s Inc. (PTLO.US)$ $Runway Growth Finance (RWAY.US)$ $Vita Coco (COCO.US)$ $Ventyx Biosciences (VTYX.US)$ $Winc (WBEV.US)$ $Aris Water Solutions (ARIS.US)$ $Minerva Surgical (UTRS.US)$ $Xilio Therapeutics (XLO.US)$