Shares in luxury automaker Porsche rose as much as 6% on Thursday, taking its gains to nearly 13% since its launch on the Frankfurt Stock Exchange in Germany last week. Porsche’s P911, +3.37% preferen...
Tag: IPO
Porsche Shares Drop Below IPO Price Within Days of Making Debut
(Bloomberg) — Porsche AG stock traded below the price it debuted at last week, succumbing to the market pressures Volkswagen AG defied by going ahead with Europe’s biggest initial public offerin...
Mobileye Files For An IPO (again!)- How Will Other Autonomy Companies React?
LAS VEGAS, NEVADA – JANUARY 08: A display highlights Mobileye’s autonomous driving technology at CES … [+] 2020 at the Las Vegas Convention Center on January 8, 2020 (Photo by Mario ...
Intel’s Self-Driving Technology Mobileye Unit Files for IPO
(Bloomberg) — Intel Corp. has filed for an initial public offering of its self-driving technology business, Mobileye Global Inc., braving the worst market for new US listings since the financial...
Intel-owned autonomous driving tech company Mobileye files for an IPO
Mobileye, the self-driving tech firm that Intel had purchased for $15.3 billion back in 2017, has filed for an IPO with the Securities and Exchange Commission. When Intel first announced its plans to ...
Porsche shares rise in landmark Frankfurt debut
Porsche shares rose in their stock market debut Thursday, in one of the biggest public offerings in Europe ever. Bloomberg | Getty Images Porsche shares rose in their stock market debut Thursday, in o...
Almost Half of Porsche IPO Bids Miss Out on High Demand
(Bloomberg) — Porsche AG attracted so much demand for its landmark 9.4 billion-euro ($9.1 billion) initial public offering that almost half the investors that put in orders were not allocated sh...
Porsche AG shares rise 2% first day of trading in Germany’s biggest IPO in decades
Porsche AG shares debuted today, September 29, on the Frankfurt stock exchange at the opening price of €84 (~$81.27), marking the largest initial public offering (IPO) in the last 25 years. While the...
12 stocks that underscore the carnage in the IPO market
CNBC’s Jim Cramer on Tuesday highlighted his list of “dirty dozen” companies that exemplify the losses incurred by investors who funneled their cash into initial public offerings and...
Porsche May Be Worth 33% Less Than Touted IPO Price, Quest Says
(Bloomberg) — Porsche AG may be worth little more than two-thirds of the value being touted ahead of the luxury carmaker’s initial public offering, according to an analysis from Quest, a unit of...
Indian Hotel Unicorn OYO Looking to Revisit Its IPO Plans
With the global economic outlook appearing dim, there have been concerns as to the projected IPO move from OYO. Indian hotel and vacation homes startup, OYO is looking to revisit its Initial Public Of...
Porsche IPO – date, pre-valuation, and everything you need to know
Initial public offerings (IPOs) in Europe have long lagged behind their US counterparts; however, a new IPO of a premier car brand may bring some solace to EU investors looking to spice up their portf...
China Adds A New Energy Storage Billionaire
Shenzhen Hello Power went public at the Shenzhen Stock Exchange today. (Photo by VCG/VCG via Getty … [+] Images) VCG via Getty Images China, home to the world’s largest number of billionaires af...
Volkswagen Seeks to Raise $9.4 Billion in Porsche IPO
(Bloomberg) — Volkswagen AG is looking to raise as much as 9.4 billion euros ($9.41 billion) from the initial public offering of its iconic sports-car maker Porsche AG in what could be Europe’s ...
ByteDance to Buy Back $3 Billion in Shares After IPO Stalls
(Bloomberg) — ByteDance Ltd. is offering to buy back as much as $3 billion of its own shares from investors at a valuation of about $300 billion, giving existing backers a way to cash out after ...
BofA predicts breakout in mergers due to downcycle
Mergers in software may be about to break out. Top investment banker Rick Sherlund of Bank of America sees a wave of struggling companies putting themselves up for sale at cheaper prices due to the ec...
Intel Lowers Target for Mobileye, Aiming for $30 Billion IPO
(Bloomberg) — Intel Corp. is scaling back expectations for its Mobileye initial public offering in the face of a broader stock slump and could delay the share sale until next year if conditions ...
Porsche Family Seeks Redemption With IPO After Tearful Defeat
(Bloomberg) — More than a decade after the billionaire Porsche clan waved goodbye to their crown jewel, the family is set to claw back more direct influence over the sports-car maker as parent V...
Volkswagen and Porsche Take a Huge Risk With a Big Bet
Nothing stops Volkswagen (VLKAF) . Not Russia’s energy war on the European Union. Moscow has decided to cut gas supplies to Europe before the cold autumn and winter months because of the countr...
Porsche IPO is set to take place at the end of September; Things to know
Despite the volatile markets seen in 2022, Volkswagen AG is planning to list a minority stake in the sports car maker Porsche this year. The plan is to list the shares in Frankfurt on the Frankfurt St...
3 IPO stocks to watch in September: PEPG, PFHC, HNVR
Initial public offerings (IPOs) are often the most common route companies use to hit the public markets and raise money to grow. In the first couple of months of 2022, a market downturn pushed the Nas...
3 IPO Stocks to Watch in September
Let’s talk about IPOs, the most common route for companies to enter the public trading markets. Last year, and the year before, saw record-breaking and record-setting numbers, in total number of publi...
IPO Stock Of The Week: Renewable Energy Leader Montauk Tests Latest Buy Point
A recent addition to the IBD IPO Leaders list, renewable energy provider Montauk Renewables (MNTK) is a top IPO stock to watch. Montauk is testing its latest buy point following a recent breakout move...
Porsche Family to Acquire More Than 25% of the Car Maker as IPO Nears
BERLIN—Volkswagen AG largest shareholder, Porsche Automobil Holding SE said it would acquire 25% plus one additional share of the voting stock in Porsche AG when VW lists the sports-car brand, which c...