Home Tags IPO
The cloud-software firm priced its shares at $22 each for its IPO, above its previously disclosed range of $19 to $21.
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.
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.
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.
The food-delivery startup, which is laying off employees and closing an office, was valued at $2.4 billion in September.
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.
The Chinese e-commerce raised $11.3 billion on its opening day of trading, which one analyst called "a boost to Hong Kong."
The website-building platform wants to secure the credit facility before pursuing an IPO in 2021 or later, Bloomberg reported.