Topline Yogurt giant Chobani scrapped plans to go public, the company revealed in a Securities and Exchange Commission filing Friday, giving up on an initial public offering once reportedly valued at ...
Tag: IPO
iTikTok’s parent firm ByteDance denies rumors of an IPO
ByteDance, the parent company of short video sharing platform TikTok, has ruled out plans of going public following several months of a speculated initial public offering (IPO). The development was c...
Hempacco stock debuts at more than 6 times the IPO price
Shares of Hempacco Co. Inc. HPCO, -34.32% blasted out of the gate Tuesday, as they opened more than 6 times the initial public offering price. The San Diego-based maker of herb, spice and cannabinoid ...
Porsche Attracts IPO Demand at Up to $85 Billion Valuation
(Bloomberg) — Porsche has lined up investor interest for its initial public offering at a valuation of as much as $85 billion, signaling one of Europe’s biggest-ever listings is poised to go ahe...
IPO Stock Of The Week: LNG Leader Excelerate Energy Eyes New Buy Point
A recent addition to the IBD IPO Leaders list, liquefied natural gas leader Excelerate Energy (EE) is a top IPO stock to watch. Excelerate is approaching a new buy point following a six-week win strea...
Renewable Energy IPO Montauk Breaks Out On 114% Growth
President Joe Biden has just signed into law the Inflation Reduction Act, sweeping legislation that includes bold renewable energy and climate change initiatives. That bodes well for Montauk Renewable...
GigaCloud stock more than triples in sophomore session, and has been halted 10 times for volatility
Shares of GigaCloud Technology Inc. GCT, +242.29% rocketed again in very volatile trading in their sophomore session on the Nasdaq exchange, to trade at more than four-times the initial public offerin...
Often Get Confused Between ICO And IPO? Here’s Complete Guide To IPO Vs ICO –
What Is An IPO? Before an IPO, a company is private. A company usually has four investing stages. The company collects funds from family, friends, or leverages the owner’s savings in the first stage. ...
China IPO Market Trounces the World With Record $58 Billion Boom
(Bloomberg) — From London to Hong Kong, large initial share sales have all but dried up across the world’s major financial centers this year. But the market in China is bustling with activity. M...
Tiny IPO Spikes 1,150% in US Debut in Wake of AMTD Digital
(Bloomberg) — For the seventh time this year, a tiny US listing by a company based in China or Hong Kong is seeing a wild price surge after its initial public offering. Most Read from Bloomberg ...
Meme stock AMTD is 21,000% since July IPO – What you need to know
In the current squeezed capital markets, getting a stock with positive gains in the year is rare. However, AMTD Digital Inc. (NYSE:HKD) shares are making headlines. That was after becoming a center of...
UAE hospital group Burjeel posts record full-year revenues ahead of a potential IPO
Talk of a potential listing for Burjeel Holdings comes as the Emirates benefits from a Middle East IPO boom, with Abu Dhabi and Dubai taking several government entities public this year. Bloomberg | B...
AMTD Digital issues ‘thank you note’ to investors as stock trades about 23,650% above IPO price
The U.S.-listed shares of Hong Kong-based investment holding company AMTD IDEA Group AMTD, +236.54% skyrocketed 312.5% and subsidiary AMTD Digital Inc. HKD, +126.28%, a Hong-Kong-based digital solutio...
Why Faze Clan’s $725 Million IPO Could Revive Sluggish SPAC Market
LOS ANGELES, CALIFORNIA – DECEMBER 16: Offset of Migos attends his Offset X FaZe Clan Launch at the … [+] FaZe Clan Pop-Up on December 16, 2019 in Los Angeles, California. (Photo by Jerrit...
Loss Ballooned At China Tavern Chain Helens Amid Lockdowns
Women wearing face masks look at a smartphone as they stand on a street corner in Beijing on July 6. … [+] Residents of parts of Shanghai and Beijing have been ordered this month to undergo furt...
Saudi Prince Plans $80 Billion Fund, IPO for Neom Project
(Bloomberg) — Saudi Arabia will set aside 300 billion riyals ($80 billion) for an investment fund tied to the crown prince’s flagship megaproject, Neom, and plans an initial public offering of t...
IPO market in a ‘wait-and-see period,’ EY Americas IPO leader says
IPO activity has continued to drop throughout the second quarter as deal numbers and proceeds plunge. The U.S. market led the sharpest year-to-year deal decline of 73% so far in 2022 compared to the r...
Chinese Ride-Sharing Giant Didi Global Fined More Than $1 Billion In Year-Long Cybersecurity Probe
Didi’s ride-sharing app. Costfoto/Future Publishing via Getty Images Chinese authorities have decided to impose an 8 billion yuan ($1.2 billion) fine on embattled ride-sharing giant Didi Global,...
Porsche’s Luxury IPO Pitch Meets Investor Concern Over Valuation
(Bloomberg) — Porsche is pitching its initial public offering as a chance to invest in a company that combines the best of carmaking rivals like Ferrari NV and luxury brands such as Louis Vuitto...
Opinion: The SPACsplosion is about to become a liquidation frenzy — and that may be for the best
As the SPAC boom was beginning to rage two years ago, this column asked why in the world any company would want to be acquired by a former chief executive best known for executing one of the worst acq...
Chinese fast-fashion company Shein seeks U.S. IPO as soon as 2024: Report
Two people hold two Shein bags after entering SHEIN’s first physical store in Madrid, Spain, June 2, 2022. Cezaro De Luca | Europa Press | Getty Images Chinese fast-fashion giant Shein hopes to ...
Peloton competitor Tonal cuts 35% of jobs ahead of possible recession, IPO
Tonal in-home fitness. Source: Tonal Tonal, the connected fitness equipment maker that counts tennis superstar Serena Williams and Amazon‘s Alexa fund as backers, is cutting 35% of its workforce...
De Rucci Healthy Sleep Mints Two Furniture Billionaires
Shenzhen, located over the mainland China board with Hong Kong, is home to Asia’s busiest bourses … [+] for IPOs. (AP Photo/Ng Han Guan) ASSOCIATED PRESS It was a down year for billionaire...
How Are Special Purpose Acquisition Companies Affecting The Media Industry
NEW YORK, NEW YORK – JUNE 14: Traders work on the floor of the New York Stock Exchange (NYSE) on … [+] June 14, 2022 in New York City. The Dow was up in morning trading following a drop on...
Commentary on Robinhood’s Q2’22 Earnings
August 4, 2022, 11:45AM EDT • 6 min read Quick Take Vlad Tenev, Robinhood Co-founder & CEO, affirms no desire to sell the business Announced ~23% headcount reduction amidst declining share price a...