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Bill.com skyrockets 72% in its opening day of trading

The cloud-software firm priced its shares at $22 each for its IPO, above its previously disclosed range of $19 to $21.
FILE PHOTO: Traders work on the floor at the NYSE in New York

Saudi Aramco isn’t the best-performing stock debut of the day. Brazilian finance firm XP skyrocketed 24% in its multibillion-dollar IPO.

XP's debut follows a slew of IPO flops in 2019, with Uber, Peloton, and Lyft's IPOs all erasing hundreds of millions of dollars in investor wealth.
Lyft President John Zimmer and CEO Logan Green applaud as Lyft lists on the Nasdaq at an IPO event in Los Angeles March 29, 2019.

Nasdaq is poised to beat the New York Stock Exchange in IPOs for the first time since Facebook’s disastrous 2012 offering

The Nasdaq exchange also hosted more than three times the deals this year, executing 154 IPOs versus the New York Stock Exchange's 47.
A Saudi Aramco employee sits in the area of its stand at the Middle East Petrotech 2016, an exhibition and conference for the refining and petrochemical industries, in Manama, Bahrain, September 27, 2016.

Saudi Aramco’s IPO raised a record $25.6 billion — but an unusually low 1.5% of the company’s shares will actually trade

Most large-cap companies offer far more of their stock in IPOs. Apple, Amazon, and Alphabet all have more than 84% of their shares listed publicly.

The Saudi Arabian government invested more than $2 billion in Aramco’s record-shattering IPO — even though the nation swore to become more...

The government offered two-thirds of IPO shares to institutional investors, and government institutions bought up 13.2% of the stake.

Hong Kong is mired in recession, but its IPO market is the strongest since 2015 among everyday investors

The region's median retail subscription ratio, which measures interest in stock offerings, hit 13 times for IPOs since October, its highest since 2015.
Postmates cofounder and CEO Bastian Lehmann

Postmates is reportedly looking for a buyer — and WeWork’s IPO collapse could be the reason

The food-delivery startup, which is laying off employees and closing an office, was valued at $2.4 billion in September.
WeWork offices in San Francisco.

Here’s everything we know about WeWork’s layoffs and next steps as the co-working giant looks to right itself

The tides turned against WeWork after it misjudged appetite for an IPO. Now it's nabbed a SoftBank bailout but is still planning huge layoffs.

Alibaba soars more than 6% on Hong Kong debut

The Chinese e-commerce raised $11.3 billion on its opening day of trading, which one analyst called "a boost to Hong Kong."

Squarespace is reportedly in talks to borrow up to $400 million ahead of a public listing

The website-building platform wants to secure the credit facility before pursuing an IPO in 2021 or later, Bloomberg reported.