PYMNTS-MonitorEdge-May-2024

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Albertsons Looks To Raise $1.51B In IPO On A $11.61B Valuation
Albertsons Looks To Raise $1.51B In IPO On A $11.61B Valuation
June 18, 2020  |  IPO

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....

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Eastern Bank Readying For IPO
Eastern Bank Readying For IPO
June 18, 2020  |  IPO

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...

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Apple Shares Tank Despite Analyst Optimism
Apple Shares Tank Despite Analyst Optimism
June 11, 2020  |  Apple

Shares of Apple tanked Thursday (June 11) after a week of gains, which were fueled in part by rising analyst optimism over the tech giant’s...

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Apple Is First US Company To Reach $1.5T Market Cap
Apple Is First US Company To Reach $1.5T Market Cap
June 10, 2020  |  Apple

It took almost two years for Daniel Ives’ forecast to be on the money. On Wednesday (June 10), Apple stock climbed 2 percent to $352 a share,...

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Vroom’s Shares Surge Following IPO
Vroom’s Shares Surge Following IPO
June 09, 2020  |  IPO

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...

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China’s NetEase Looks To Raise $2.72B In Hong Kong Offering
China’s NetEase Looks To Raise $2.72B In Hong Kong Offering
June 08, 2020  |  IPO

Chinese internet giant NetEase is set to issue 171,480,000 shares on June 11 as part of a secondary offering of stock, the company said in a...

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China’s JD.com To Sell $4.3B In Hong Kong-Listed Shares
China’s JD.com To Sell $4.3B In Hong Kong-Listed Shares
June 05, 2020  |  IPO

Hong Kong technology company JD.com Inc. plans to sell up to $4.3 billion in shares in what is expected to be among this year’s largest...

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ZoomInfo Stock Briefly Doubles As IPO Takes Off
ZoomInfo Stock Briefly Doubles As IPO Takes Off
June 04, 2020  |  IPO

Vancouver, Wash.-based ZoomInfo Technologies saw its stock double for a time Thursday (June 4) as it staged a successful initial public offering in the middle...

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Grubhub Tells Uber No Deal But Negotiations Still At Play
Grubhub Tells Uber No Deal But Negotiations Still At Play
May 18, 2020  |  Partnerships / Acquisitions

Uber’s Sunday (May 17) acquisition offer of 1.9 of its shares for each Grubhub share is not enough to close a deal, but discussions are...

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