Rocket Companies, the parent company of Quicken Loans and Rocket Mortgage, priced its initial public offering at $US18 per share Wednesday, below its previously planned range. Shares of Rocket rose as much as 22% in the stock’s first day of public trading Thursday. The company raised $US1.8 billion in its […]

Airbnb CEO Brian Chesky told employees that the company is resuming preparations for an IPO, The New York Times first reported Wednesday and Business Insider confirmed. The company has said that it intends to go public sometime this year, but Bloomberg reported that the timeline could be pushed to 2021 […]

The IPO market is slowly recovering after its coronavirus slump, but no recent deal stacks up to the record-breaking debuts of the 2010s. Seven of the top 11 IPOs took place in the 2010s, when unicorn startups and industry giants leveraged insatiable investor demand to rake in billions. Here are […]

Initial public offerings froze in March as the stock market tanked. But just as equities quickly turned higher, so has IPO activity. A smattering of IPOs from small, profitable firms “helped build confidence” and revive demand for new offerings, David Ethridge, US IPO services leader at PwC, told Business Insider. […]

Royalty Pharma surged as much as 65% in its first day of trading Tuesday. The $US2.18 billion initial public offering is the largest US IPO of the year, slightly exceeding Warner Music Group’s recent $US1.9 billion offering. It’s also the second-largest pharmaceutical IPO ever, coming in just below Zoetis Inc’s […]

The Nasdaq exchange overtook the New York Stock Exchange in year-to-date IPO fundraising last week after colossal debuts from Warner Music Group and ZoomInfo. Companies have raised roughly $US12.2 billion with Nasdaq IPOs in the year-to-date, The Wall Street Journal reported Monday, besting NYSE’s $US10.9 billion in 2020 deals. The […]

Peet’s Coffee raised $US2.5 billion in its initial public offering, one of the largest this year despite the coronavirus pandemic. The company announced its IPO plans just 10 days ago. Shares of Peet’s Coffee surged as much as 17% in its first day of trading. Read more on Business Insider. […]

Warner Music Group plans to list 70 million shares on the Nasdaq exchange, reviving IPO plans that were first cancelled amid the coronavirus outbreak. The label giant plans to sell shares between $US23 and $US26 each, according to a Tuesday regulatory filing, meaning the IPO could bring in as much […]

Wall Street anticipated several massively successful initial public offerings in 2019. Instead, investors received cancelled offerings, multibillion-dollar devaluations, and a shift in the funding landscape. Investors are trying to diagnose what went wrong as once-exciting opportunities to buy shares of Lyft, Uber, WeWork, and Peloton soured. A lawyer, venture capital […]

Money raised by companies entering the public markets declined more than 50% in the third quarter, compared to the second quarter of 2019, according to data from Renaissance Capital. Initial public offerings raised a total of $US10.8 billion in the third quarter, less than half of the $US25.1 billion in […]

Renaissance Capital, a provider of institutional research and initial public offering ETFs, ranked the top ten best performing IPOs so far in 2019. The companies were assessed based on their percentage gain since hitting the market. The list includes some familiar names, but others may come as a surprise. Visit […]