The initial public offering (IPO) market, which had shown signs of rebounding, is now facing challenges due to factors like the conflict in the Middle East, surging Treasury yields and a fickle market for new issues. These risks are expected to slow down the already...
Klaviyo’s stock has dipped below its listing price, the latest disappointment for the initial public offering (IPO) space. The marketing automation firm now joins a string of high-profile companies whose IPOs were met with much fanfare, only to eventually slump, Bloomberg reported Friday (Oct. 20)....
Healthcare payments are awash in paper, marked by inefficiencies, creaky legacy systems and manual processes. Waystar leverages a cloud-based platform to improve what it terms “the administrative headwinds faced by providers.” The company has filed to go public and detailed a multibillion-dollar market in its...
The possibility of a U.S. government shutdown has prompted companies to take action and expedite their plans to go public. In an effort to avoid potential disruptions caused by a government shutdown, companies like Waystar Holding and Hamilton Insurance Group have submitted filings for their initial public offerings (IPOs)...
Instacart has reportedly garnered positive reviews from Wall Street analysts following its IPO. As Bloomberg News reported Monday (Oct. 16), the online grocery delivery firm — which went public with an initial public offering (IPO) last month — has exited the “quiet period” for analysts that took part in its...
German shoe retailer Birkenstock has raised $1.4 billion in its initial public offering (IPO). The company set the price of its shares in the middle of the range it had initially sought, valuing Birkenstock at over $9 billion, The New York Times reported Wednesday (Oct....
Payments company PayU is reportedly planning to go public in India next year. As Reuters reported Tuesday (Oct. 10), PayU plans to seek regulatory approval in February for an initial public offering (IPO) worth at least $500 million, according to sources with direct knowledge. The sources told Reuters...
Birkenstock may need a bigger toe-hold in the direct-to-consumer market before it goes public. That’s according to a Thursday (Oct. 5) report by Reuters, citing comments from investors and analysts who say the sandal-maker needs to increase sales via its website and boutiques before its initial public...
Venture capitalists (VCs) are reportedly telling startups to put plans to go public on hold. As the Financial Times (FT) reported Sunday (Oct. 1), that sentiment has become popular following the underwhelming initial public offerings (IPOs) of two high-profile companies. “In our portfolio we would...
