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
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. When the rubber met the road, when the trading actually became reality, Uber sputtered. To say the least....

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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.” “The valuation,...

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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. The...

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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. In its first...

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