Only two companies entered the U.S. public trading market last week. Both of the initial public offerings were from micro-cap companies, which are companies that have a market capitalization between approximately $50 to $300 million.

The first was an oncology biotechnology firm called Monopar Therapeutics (MNPR  ). After postponing its IPO twice, the company entered public markets on December 19 with 1,111,112 shares offered. Monopar had an offering amount of $8,888,896 at an $89 million market cap. Its stock was priced at $8 per share. The company exploded in its debut, with its stock surging +231%. It finished its first week up +238%.

The other company that joined U.S. public markets also on December 19 with Indonesia Energy Corp. LTD. (INDO  ), who in its IPO raised about $15 million at an $81 million market cap. The oil and gas exploration and production company focused on Indonesia offered 1,363,367 shares and price at $11 in its first day. The company stumbled into public markets, posting a -3% return in its initial day and finished its first week down -12%.

There are no companies scheduled to enter the U.S. stock market this week and there will likely be no more new stocks until 2020. As the year comes to a close, the Nasdaq (QQQ  ) announced that the 185 initial public offerings that the market indicator introduced in 2019 raised a total of $34.3 billion. Among the major companies that listed on the Nasdaq, Lyft (LYFT  ) raised $2.34 billion, XP (XP  ) gained $1.96 billion and Peloton (PTON  ) increased $1.16 billion. The amount raised this year is an increase from 2018's 185 IPOs that raised $27.7 billion on the Nasdaq.