The IPO market has been unusually quiet in the weeks leading up to Thanksgiving, with no big IPOs imminent. Factors such as poor stock performances, high interest rates, low valuations, and underwhelming recent IPOs have discouraged potential market entrants like Waystar and Panera Bread. Companies are now facing challenging choices, including probable IPOs with reduced valuations, staying private with similar valuation cuts, or considering mergers. Despite the current standstill, a market turnaround could potentially spur increased activity.
Shein, a Chinese fast-fashion giant, confidentially submitted a request for an IPO in the US, a move that could notably impact the global fashion industry. Analysts are carefully considering Shein’s $66 billion valuation, $23 billion 2022 revenue, $800 million net profit, and potential challenges including controversies over forced labor and environmental concerns. The IPO presents investors with possibilities and risks in adding Shein to their portfolios.
The technology IPO market is facing a drought, with companies like Turo, Reddit, and Instacart delaying their public debut despite the Nasdaq’s notable come back. Only 10 companies managed to raise over $100 million in initial share sales during the first half of 2023, significantly less than the 517 observed in the same period last year. Economic uncertainties, investor caution and a discrepancy between past and present valuations are contributing factors to this stagnation.
Saudi Aramco IPO is the Largest in History. The biggest initial public offering (IPO) ever was the IPO of Saudi Arabian Oil Company (Saudi Aramco), which raised $29.4 billion in December 2019. Saudi Aramco is a state-owned oil and gas company based in Saudi Arabia. The IPO was the largest in history, surpassing the previous […]
Shares of salad chain Sweetgreen jumped 19% on Thursday afternoon. Posting a strong rally for its strong results for the first quarter since its IPO. Sweet Deal Sweetgreen IPO is Profitable. On IPO day The stock opened at $52, giving the company a market value of over $5.5 billion. The company priced its initial public […]
Shares of Robinhood Markets Inc fell more than 80% since its IPO in July 2021. One the worst performing IPO of 2021 is Robinhood. After the commission-free brokerage posted a quarterly loss Thursday night. The company reported a net loss of $423 million for the three months ended December. In 2020 the company reported a […]
IPOs to Watch in 2022 A record number of companies raised over $450 billion by going public in 2021. The highest annual deal volume ever was reached, according to Ernst & Young. In the US, trading volume also broke records, with nearly 1,100 companies going public and raising nearly $260 billion. Cryptocurrency exchange Coinbase, online […]
Listing of a company on the stock market and the IPO application process Here is an article on how to launch an IPO. 2021 has been the best year so far for initial public offerings (IPOs) and listings. Almost thirty-eight companies have already made their first offers through 2021, which includes some of the biggest […]
The US news site saw its price drop 11% on its first IPO day of trading. BuzzFeed’s IPO turned into a disaster. In New York, its action listed on the Nasdaq under the symbol “BZFD” opened up 14% to 10.95 dollars, reaching a few minutes later 14.7 dollars. But BuzzFeed quickly erased its gains on […]
The Most Successful IPO of 2021 is SK Bioscience Co. South Korean biopharmaceutical company SK Bioscience Co. is the best performing entity among initial public offerings, with more than $ 1 billion raised this year, topping a ranking dominated by domestic offerings. SK Bioscience shares rose about 262% in the first quarter since Seoul began […]