Initial public offerings (IPOs) might be back, but they’re not all the way back. As The Wall Street Journal (WSJ) reported Sunday (July 2), last week saw a trio of companies — thrift store chain Savers Value Village, reinsurer Fidelis and Kodiak Gas Services — all...
Following a listing by restaurant group Cava, the American market is hungry for IPOs. The fast casual restaurant chain went public via an initial public offering (IPO) last week, with its shares nearly doubling in its debut. And as Bloomberg News reported Monday (June 26),...
Despite it being a ghost town in IPOville, Oddity, a beauty and technology company responsible for managing brands like Il Makiage and Spoiled Child, has submitted its application to become a publicly traded company. The decision is noteworthy not only because initial public offerings (IPOs)...
Even some skyrocketing performers — up double digits — were not enough to boost the FinTech IPO Index. The pantheon lost 2.7%, despite rumors of deal-making, despite economic data that showed a surprising resilience in consumer spending. Rallies proved short-lived, as Fed chairman Jerome Powell...
The environment for initial public offerings (IPO) has reportedly improved to nearly its typical level. However, at the same time, the amount of IPO activity is lagging behind and not seeing the same kind of improvement, Bloomberg reported Tuesday (June 20), citing research from Goldman Sachs. The...
Cava’s blockbuster initial public offering (IPO) comes as restaurant customers look to strike a balance between convenience and quality — the sweet spot for the fast-casual segment. The Mediterranean fast-casual brand shared in a news release Wednesday (June 14) that it brought in about $318...
CAB Payments Holdings has confirmed its plans to go public on the London Stock Exchange. The payments services/foreign exchange company had first announced plans for an initial public offering last week, and restated those intentions Thursday (June 15). “Following significant interest in CAB Payments, the...
CAB Payments Holdings plans to go public via an initial public offering (IPO) in London. The U.K. FinTech, which specializes in payments services and foreign exchange (FX), announced its objective to float on the London Stock Exchange Thursday (June 8). “Our intention to list on the London Stock...
Philippines-based mobile wallet provider GCash is reportedly ready to go public. “We’re pretty much ripe for it,” Ernest Cu, president and CEO of GCash parent Globe Telecom, said in an interview with Bloomberg Television Thursday (June 8), referring to the company’s plan for an initial...