Starting this month, we will be dividing Monthly Movers into two separate reports. The first report will focus on insights from secondary activity in the private markets, while the second report will focus on highlighting trends in institutional fund marks. You can access the latter report here.
Stripe
Epic Games
SpaceX
Anthropic
Databricks
Anduril
OpenAI
Instacart
Discord
Flexport1 Companies that received the most ticket and profile view activity over the last 30 days
| Companies | Chg vs. LR |
|---|---|
| Cybereason | +534.64 |
| Canva | +272.98% |
| Neuralink | +178.97% |
| Turo | +88.19% |
| Boring Company | +49.82% |
| Redwood Materials | +42.71% |
| Rubrik | +18.49% |
| Stripe | +12.12% |
| Docker | +7.01% |
| Anduril | +5.96% |
| Via Transportation | -0.08% |
| Anthropic | -0.14% |
| SpaceX | -1.12% |
| BitPay | -1.83% |
| Helion Energy | -3.55% |
| BetterUp | -12.13% |
| Republic | -14.15% |
| Mercury | -14.44% |
| Relativity Space | -18.11% |
| Diamond Foundry | -21.38% |
| Hugging Face | -23.76% |
| Ramp | -25.03% |
| Addepar | -25.63% |
| Jasper | -26.38% |
| Dataiku | -26.54% |
| Figure Technologies | -26.95% |
| GupShup | -29.63% |
| Alto Pharmacy | -30.53% |
| DataStax | -30.74% |
| Apollo.io | -30.96% |
| Arctic Wolf | -32.19% |
| FrontApp | -32.42% |
| Kraken | -33.06% |
| Zipline | -33.71% |
| Upgrade | -34.35% |
| MetaMap | -34.46% |
| Hinge Health | -35.45% |
| Highspot | -36.31% |
| Pendo | -36.34% |
| Shippo | -36.53% |
| The EVERY Company | -37.21% |
| Apeel | -37.65% |
| Alchemy | -38.27% |
| Navan (TripActions) | -38.56% |
| Benchling | -39.20% |
| Narvar | -39.73% |
| Neo4j | -41.37% |
| Icertis | -42.65% |
| Automation Anywhere | -42.76% |
| Odeko | -42.86% |
| Calm | -43.37% |
| Blockdaemon | -43.42% |
| Databricks | -43.89% |
| Scale AI | -44.17% |
| Grafana Labs | -44.42% |
| Rippling | -45.25% |
| MasterClass | -45.70% |
| Postman | -47.09% |
| Notion | -47.34% |
| Deel | -47.86% |
| Convoy | -48.36% |
| -50.25% | |
| Starburst Data | -51.12% |
| GrubMarket | -51.59% |
| LaunchDarkly | -52.20% |
| Just | -52.60% |
| VTS | -54.57% |
| Arcadia | -54.71% |
| Snyk | -54.97% |
| Faire | -56.88% |
| Discord | -57.19% |
| Cerebras | -57.58% |
| ServiceTitan | -57.68% |
| Gusto | -58.45% |
| Rappi | -58.49% |
| Branch Metrics | -58.78% |
| Podium | -59.45% |
| 6Sense | -59.63% |
| Patreon | -60.14% |
| Dataminr | -60.16% |
| Carta | -60.52% |
| Netskope | -61.22% |
| Alloy | -61.27% |
| Plaid | -62.38% |
| ThoughtSpot | -62.68% |
| Cockroach | -62.70% |
| Chainalysis | -63.74% |
| MNTN | -63.86% |
| Tanium | -65.25% |
| Outreach | -65.32% |
| Airtable | -66.84% |
| Algolia | -66.97% |
| Attentive | -67.04% |
| Lacework | -67.63% |
| Genies | -68.54% |
| Farmers Business Network | -68.68% |
| Impossible Foods | -69.33% |
| Chime | -70.19% |
| OpenSea | -71.59% |
| Brex | -71.61% |
| H2O.ai | -72.80% |
| ConsenSys | -73.39% |
| Tradeshift | -73.43% |
| Delphix | -73.44% |
| Color Genomics | -73.61% |
| Instacart | -74.78% |
| Cityblock | -74.80% |
| DataRobot | -75.48% |
| Jeeves | -76.42% |
| Ripple | -77.33% |
| Talkdesk | -77.75% |
| Roman Health | -78.21% |
| goPuff | -81.48% |
| Checkr | -82.59% |
| Zocdoc | -84.33% |
| Bolt Financial | -91.06% |
| Thrasio | -91.60% |
| Better.com | -92.08% |
Zanbato’s Equal-Weighted Index, which tracks secondary market performance of ZX’s most actively traded companies, fell 6.4% in April. The index is down 20.4% YTD, having seen 14 consecutive months of declines. In comparison, Aerospace/ Defense sector was up 0.24% YTD, AI/ Machine Learning was down 22.2% YTD, Crypto/ Blockchain was down 28.9% YTD, Cybersecurity was down 22.7% YTD and FinTech was down 27.4% YTD.
ZX’s average bid-ask spread was 20% in April, which was unchanged from March and 5% higher than the 12-month average.
Bids represented 37% of submitted tickets on ZX in April, a 5% increase from the 12-month average of 32%.
Stripe, Epic Games and SpaceX were the three most active companies on ZX in April.
On average, the ZX Index Values for April showed a 35% decrease compared to the last round price per share. However, for companies that completed their last financing round in 2022 or later, their ZX Index Values experienced an average decrease of 22% compared to the last round. The declines in secondary market pricing were in most cases much steeper than the price declines relative to companies’ last rounds of financing, due to many companies trading at premiums to last round pricing in 2021.
This report is provided for informational purposes only and does not constitute a recommendation or solicitation to buy or sell any financial instrument or to participate in any trading strategy and should not be construed as such. The values shown in this report are not indicative price quotations. This report does not constitute investment advice, nor does this report constitute a "research report" as defined by FINRA Rule 2241 or a "debt research report" as defined by FINRA Rule 2242.
The ZXData and the information contained in this report, some of which have been obtained from third-party sources, are provided on an "as is" basis and the user of this information assumes the entire risk of any use made of this information. Neither Zanbato Inc. (“Zanbato”) nor its affiliates guarantee the accuracy or completeness of the data contained in this report, or its computation and compilation.
The ZXData and this report constitute Zanbato’s valuable intellectual property. You are expressly prohibited from copying, modifying, transmitting or redistributing the ZXData or this report without Zanbato’s prior written consent.
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