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....
WeWork is considering ending its plans for WeLive, its communal living program based in Crystal City near Washington D.C., Bloomberg reports from anonymous sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
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). Get the Full Story Complete the form to unlock this article and...
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. Get the Full Story Complete the form to unlock this...
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). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Retail dispute management system Chargeback announced Monday (June 8) that it has closed a $6.6 million Series A1 funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
BinDawood Holding is planning to offer an initial public offering (IPO) of its supermarket division by the end of July, in what would be the first Middle Eastern share sale since the COVID-19 pandemic, Bloomberg News reported. Get the Full Story Complete the form to...
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 release. News reports said the pricing will be set at HK$123 per share. Get the Full Story Complete the form to...
Silver Lake has upped its ante on India’s Jio Platforms. The Menlo Park, California-based private equity firm said Friday (June 5) it will buy an additional stake worth $600 million in the Indian telecom operator, TechCrunch reported. Get the Full Story Complete the form to unlock...