IPO
Instacart names Chris Rogers as CEO after Fidji Simo’s exit for OpenAI
Instacart celebrates their IPO at the Nasdaq on Sept. 19th, 2023. Courtesy: Nasdaq Instacart on Wednesday appointed business chief Chris Rogers as its new CEO, less than a month after OpenAI announced CEO Fidji Simo as its new head of applications. Shares were last down about 2% in premarket trading. Rogers, who joined Instacart in […]
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Circle IPO has peculiar Facebook-like characteristic
Jeremy Allaire, co-founder and CEO of Circle, speaks at the 2025 TIME100 Summit in New York on April 23, 2025. Jemal Countess | TIME | Getty Images Stablecoin issuer Circle stands to be one of the first significant cryptocurrency companies to go public in the U.S. That’s not the only unusual aspect of its IPO. […]
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Shares in China’s CATL jump over 11% in Hong Kong debut as battery maker rides electric-vehicle boom
Shares of CATL debut in Hong Kong on May 20, 2025. Sopa Images | Lightrocket | Getty Images Shares of the world’s largest battery manufacturer Contemporary Amperex Technology rose over 11% in their Hong Kong trading debut on Tuesday. Shares were trading at 292 Hong Kong dollars apiece on the Hong Kong stock exchange premarket, compared […]
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Klarna doubles losses in first quarter as IPO remains on hold
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images Klarna saw its losses jump in the first quarter as the popular buy now, pay later firm applies the brakes on a hotly anticipated U.S. initial public offering. The Swedish payments […]
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Shein to set up huge Vietnam warehouse in U.S. tariff hedge, Reuters reports
People walk at the Shein office building in China on April 16, 2025. Tingshu Wang | Reuters Fast-fashion online retailer Shein is leasing a huge warehouse in Vietnam, two people familiar with the deal told Reuters, its first in the country, in a move that could reduce its exposure to unpredictable U.S.-China trade tensions. Shein, which was founded in China and sells products […]
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EToro IPO filing cites Israel-Hamas conflict as potential business risk
Yoni Assia, Co-Founder and CEO of eToro, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2023. Patrick T. Fallon | Afp | Getty Images In eToro‘s IPO filing, ahead of the company’s market debut on Wednesday, the stock trading platform spent over 1,500 words spelling out the potential risks […]
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Cybersecurity firm Proofpoint to buy European rival for $1 billion as it eyes IPO
Pavlo Gonchar | Lightrocket | Getty Images Cybersecurity firm Proofpoint announced Thursday it will acquire Germany-based competitor Hornetsecurity for $1 billion to strengthen its European presence as it explores a return to public markets. The deal marks the largest single acquisition in Proofpoint’s history. The Sunnyvale, California-based company, which is currently owned by private equity […]
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Stock trading app eToro pops 40% in Nasdaq debut after pricing IPO above expected range
Key Points Shares of eToro popped in their Nasdaq debut on Wednesday. The stock and crypto trading app raised almost $310 million in its IPO late Tuesday, selling shares above the expected range. IPOs looked poised for a rebound when President Donald Trump returned to office in January, but tariff concerns put the market on […]
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Stock and crypto trading site eToro prices IPO at $52 per share ahead of Nasdaq debut
Key Points Israel-based stock brokerage platform eToro said it has priced shares at $52 for its IPO, above its expected range of $46 to $50. The retail trading platform filed for an IPO in March, but as tariff uncertainty rattled markets, the company temporarily shelved ITS plans. EToro scrapped a prior effort to go public […]
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Dallas Mavericks were paid $33 million over 3 years by Chime for jersey patch
Klay Thompson #31 of the Dallas Mavericks handles the ball during the game against the Memphis Grizzlies during the 2025 SoFi Play-In Tournament on April 18, 2025 at FedExForum in Memphis, Tennessee. Joe Murphy | National Basketball Association | Getty Images Chime Financial paid the NBA’s Dallas Mavericks roughly $33 million over three years to […]
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