ipo

Initial public offering or stock market launch is a type of public offering in which shares of a company are sold to institutional investors and usually also retail investors; an. IPO is underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges.

Source: nasdaq.com

FinTech IPO Index Loses 3.3% as Upstart Plunges on Earnings
FinTech IPO Index Loses 3.3% as Upstart Plunges on Earnings
February 23, 2024  |  IPO

Earnings season moves on, and in some cases, results underwhelmed investors — and forward-looking guidance — sending shares down significantly and the FinTech IPO Index...

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Reddit May Go Public in March Following IPO Filing
Reddit May Go Public in March Following IPO Filing
February 22, 2024  |  IPO

Social media platform Reddit has reportedly publicly filed for an initial public offering (IPO) with the Securities and Exchange Commission (SEC). The move comes more than two...

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Report: Sen. Marco Rubio Asks SEC to Block Shein IPO
Report: Sen. Marco Rubio Asks SEC to Block Shein IPO
February 15, 2024  |  IPO

Sen. Marco Rubio, R-Fla., is reportedly asking the Securities and Exchange Commission (SEC) to prevent fast fashion platform Shein from its bid to list publicly in...

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Report: Inspire Brands May Launch IPO This Year or Next
Report: Inspire Brands May Launch IPO This Year or Next
February 14, 2024  |  IPO

Fast-food chain owner Inspire Brands may be nearing an initial public offering (IPO). Private equity firm Roark Capital has talked with potential advisers about a listing of Inspire Brands...

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Sony Plans Financial Services IPO as PS5 Sales Cool
Sony Plans Financial Services IPO as PS5 Sales Cool
February 14, 2024  |  IPO

Electronics/entertainment giant Sony plans to take its financial services unit public next fall. The company announced the partial spin-off of Sony Financial Group (SFGI), a business that includes banking...

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Goldman Sachs: IPO Market Could Surpass 2022-2023 Levels
Goldman Sachs: IPO Market Could Surpass 2022-2023 Levels
February 11, 2024  |  IPO

This year could mark a recovery for the initial public offering (IPO) market. That’s according to a report by Goldman Sachs, cited Sunday (Feb. 11)...

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Plaid Names Cloudflare Vet Jen Taylor as Its First President
Plaid Names Cloudflare Vet Jen Taylor as Its First President
February 08, 2024  |  Personnel

Plaid has named its first president, the latest hire on the FinTech’s road to going public. Jen Taylor is joining the company after seven years as chief product officer...

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Report: Reddit Achieved Profitability in Q4, Could Soon Unveil IPO
Report: Reddit Achieved Profitability in Q4, Could Soon Unveil IPO
February 05, 2024  |  IPO

Reddit is reportedly preparing for a potential initial public offering (IPO) in the United States. The social media company and its advisers are expected to unveil...

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IPO Market Recovery Could ‘Take Some Time’
IPO Market Recovery Could ‘Take Some Time’
February 04, 2024  |  IPO

So far, 2024 has been something of a mixed bag for high-profile IPOs. The initial public offering (IPO) market flagged in 2022 and 2023, and...

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