Markets

Nasdaq surpasses NYSE in IPO activity after triumphant start to June

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 […]
Nasdaq surpasses NYSE in IPO activity after triumphant start to June
Markets

Warner Music Group files for an IPO as streaming services boost labels

Warner Music Group filed for an IPO with the Securities and Exchange Commission on Thursday as streaming services continue to boost the music industry. The offering is Warner’s second, as a slew of private-equity firms took the company public in 2005 after buying it from Time Warner the previous year. […]
Warner Music Group files for an IPO as streaming services boost labels