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

Jumia’s Shares Slide On Fraud Claims By Short Seller

Jumia’s Shares Slide On Fraud Claims By Short Seller
Jumia’s Shares Slide On Fraud Claims By Short Seller
May 10, 2019  |  Investments

Following a claim of fraud by a short seller, shares in eCommerce firm Jumia fell by almost 25 percent by midday New York time on...

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Uber CEO Disagrees With Elon Musk’s Robotaxi Prediction
Uber CEO Disagrees With Elon Musk’s Robotaxi Prediction
May 10, 2019  |  Ridesharing

Uber CEO Dara Khosrowshahi said he disagrees with Tesla CEO Elon Musk’s assertion that a fleet of robotaxis will be ready by the end of...

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Uber’s Bust(ed IPO) Of A First Day
Uber’s Bust(ed IPO) Of A First Day
May 10, 2019  |  Markets

Call it a less than auspicious beginning. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Budweiser APAC Eyes $70B Valuation In IPO
Budweiser APAC Eyes $70B Valuation In IPO
May 10, 2019  |  Retail

In a move that brings it closer to an initial public offering (IPO), Anheuser-Busch InBev Group’s Asian business filed an application for a Hong Kong...

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Uber’s IPO: Pricey And Dicey Or Poised For Liftoff?
Uber’s IPO: Pricey And Dicey Or Poised For Liftoff?
May 10, 2019  |  IPO

Uber’s IPO priced at the (very) low end of revised ranges on Thursday (May 9). Investor sentiment is muted amid Lyft’s own downturn, general market...

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Wall Street Skeptics Balk At Beyond Meat’s Valuation
Wall Street Skeptics Balk At Beyond Meat’s Valuation
May 09, 2019  |  Retail

Plant-based meat maker Beyond Meat has surged about 225 percent since going public last week, leading one analyst to call the valuation “absurd.” Get the...

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Lyft Shares Continue Tumble, Sparking Fears Over Uber
Lyft Shares Continue Tumble, Sparking Fears Over Uber
May 08, 2019  |  Ridesharing

Lyft shares continue to fall below their opening day price, and on Wednesday (May 8) they dropped almost 11 percent to a new record low...

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Uber Expected To Price IPO In Mid Or Low Range
Uber Expected To Price IPO In Mid Or Low Range
May 08, 2019  |  IPO

Uber will price its initial public offering (IPO) at either the middle of its target range or below, according to a report by CNBC. Get...

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No Lift For Lyft Following Q1 Earnings Report
No Lift For Lyft Following Q1 Earnings Report
May 08, 2019  |  Earnings

There was no lift for Lyft from an earnings report that may have been viewed by investors as having been … uneven. Get the Full...

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