While questions linger over the 2020 sports season, that hasn’t stopped DraftKings from upping its previously announced initial public offering (IPO) to 40 million shares of stock. The Boston-based online sports gambling company announced Friday (June 19) it will sell 16 million shares of its stock....
Albertsons Cos., the nation’s second-largest supermarket chain, is preparing for an initial public offering (IPO), according to a U.S. Securities and Exchange Commission (SEC) filing. Founded 80 years ago, the Boise, Idaho, chain has been owned for the past 14 years by private equity firm...
Boston-based Eastern Bank, the nation’s largest mutual, is pushing ahead with plans to go public and shed its long-time format in a move that could raise nearly $2 billion, according to a press release. The more than 200-year-old bank, originally founded 1818, has filed plans...
Palantir Technologies, the Palo Alto, California-based Big Data analytics company, is planning to go public soon and could be trading as early as this fall, sources told Bloomberg News. Two weeks ago, CEO Alex Karp told Axios on HBO that his Silicon Valley company took...
Mortgage lender Quicken Loans, one of the largest lenders in the United States, might be planning to go public, CNBC reported on Thursday (June 11). The company has filed its initial public offering (IPO) prospectus in secret, although it may become public next month, according...
Online auto retailer Vroom Inc. saw its shares more than double on Tuesday (June 9) on their first day of trading following the company’s initial public offering (IPO). The firm’s stock traded as high as $48.88, up 122.2 percent from the stock’s IPO price of $22....
Betting going public will take advantage of a resurgence as the market recovers from COVID-19, Lemonade Inc., the technology-driven startup, has filed an initial public offering (IPO), the company announced Monday (June 8). If successful, the New York-based company will list its shares on the...
As it looks to bring in up to $467.5 million from investors, Vroom intends to provide pricing for its initial public offering (IPO) ahead of schedule on Monday (June 8), Bloomberg reported, citing unnamed sources. The vehicle sales platform had previously looked to price its...
In the race for initial public offerings (IPOs), Nasdaq has bypassed the New York Stock Exchange (NYSE) during the coronavirus era, according to a report from The Wall Street Journal (WSJ). As with every aspect of American life, the pandemic has slowed activity on the...
