IPOs

An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors.

Source: investopedia.com

Instacart Gets Positive Analyst Reviews but Stock Stays Same
Instacart Gets Positive Analyst Reviews but Stock Stays Same
October 16, 2023  |  IPO

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...

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Report: Goldman Sachs Earnings Hit by Slowdown in Deal Making
Report: Goldman Sachs Earnings Hit by Slowdown in Deal Making
October 12, 2023  |  Earnings

Goldman Sachs is reportedly expected to announce weak quarterly earnings on Tuesday (Oct. 17) as a result of a slowdown in deal making and its...

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Birkenstock IPO Raises $1.4 Billion at Over $9 Billion Valuation
Birkenstock IPO Raises $1.4 Billion at Over $9 Billion Valuation
October 11, 2023  |  IPO

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...

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What’s Next as Instacart and Arm Flirt With Busted IPO Status?
What’s Next as Instacart and Arm Flirt With Busted IPO Status?
September 22, 2023  |  IPO

On Wall Street, a “busted” IPO is one that’s simply defined — the stock trades below the initial offer price. At this writing, two of...

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Report: Klaviyo Considers Pricing IPO Above Indicated Range
Report: Klaviyo Considers Pricing IPO Above Indicated Range
September 19, 2023  |  IPO

Klaviyo is reportedly considering pricing its initial public offering (IPO) at the top of its indicated price range or even slightly above it. The marketing automation...

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Grocers Grapple With Direct Delivery as Instacart Goes Public
Grocers Grapple With Direct Delivery as Instacart Goes Public
September 19, 2023  |  Delivery

With Instacart going public Tuesday (Sept. 19) via initial public offering (IPO), grocers are rethinking their direct delivery businesses. Some are investing more in their...

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DoorDash Adds 8 Grocers as Aggregators Step Up Non-Restaurant Offerings
DoorDash Adds 8 Grocers as Aggregators Step Up Non-Restaurant Offerings
September 18, 2023  |  Delivery

DoorDash is expanding its grocery selection as, across the industry, restaurant delivery services add more retailers in the leadup to Instacart going public. The United...

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This Week in AI: Big Tech Comes to Capitol Hill, Arm Goes Public
This Week in AI: Big Tech Comes to Capitol Hill, Arm Goes Public
September 15, 2023  |  artificial intelligence

Another week, another growth spurt for the artificial intelligence (AI) sector. The U.S. Senate returned from its summer recess primed to tackle AI legislation with...

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Instacart Increases IPO Price Range and Targets up to $9.9 Billion Valuation
Instacart Increases IPO Price Range and Targets up to $9.9 Billion Valuation
September 15, 2023  |  IPO

Instacart is reportedly looking to raise $660 million in its upcoming initial public offering (IPO). The grocery-delivery company decided to increase the price range for...

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