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After stumbling in its debut, Cardlytics stock flew up 33% in 2 days this week, making it the 4th-best IPO of 2018. VC backed Cardlytics uses purchase intelligence to see where and when consumers are spending their money helping more than 2,000 financial institutions run their banking rewards programs.
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BofA Merrill Lynch and J.P. Morgan are acting as joint book-running managers and representatives of the underwriters for the offering. Wells Fargo Securities and SunTrust Robinson Humphrey are also acting as book-runners for the offering. Raymond James and KeyBanc Capital Markets are acting as co-managers for the offering.
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