IPO

Shein’s Future in Jeopardy Amid U.S.-China Trade Tensions: Will London IPO Save the Day?

by

Beijing, China – The Chinese e-commerce giant Shein is facing challenges in its plan to go public in the United States amidst escalating tensions between Beijing and Washington, experts say. The company, previously valued at $66 billion, confidentially filed for an IPO in the U.S. in November. However, it has encountered obstacles in its efforts to enter the American retail market, including rejections in attempts to join the National Retail Federation, the largest trade association …

Read more

Golden Goose Postpones Milan IPO Amid European Election Turmoil: Find Out Why!

by

London, UK – Italian sportswear brand Golden Goose recently made the decision to postpone its anticipated initial public offering (IPO) in Milan. The company cited the European Parliament elections and the calling of a snap election in France as the primary reasons for this delay, noting that the market conditions had significantly deteriorated. Golden Goose, known for its trendy distressed trainers often seen on celebrities like Taylor Swift, had aimed for a market capitalization of …

Read more

Raspberry Pi IPO Soars 39% in Market Debut – London Exchange Finally Scores Big Win

by

London, England – A British computing startup, Raspberry Pi, made waves as its shares surged 39% during its market debut, aiming to raise £166 million ($211.2 million) from its initial public offering. The company’s successful entrance into the market has brought a rare win for the London Stock Exchange, which has faced challenges attracting technology listings. Initially valued at around £541.6 million based on its share pricing, Raspberry Pi saw significant interest as its shares …

Read more

**Stocks**: European markets open mixed, China sells $138 billion bonds, Shein boosts London IPO preparations

by

Frankfurt, Germany – European markets opened the new trading week with a mixed performance, as the pan-European Stoxx 600 saw a slight gain of 0.03%. The U.K.’s FTSE 100 index rose by 0.07% to 8,439, while Germany’s DAX fell by 0.13% to 18,748. France’s CAC dropped 0.4% to 8,216, and Italy’s FTSE MIB increased by 0.4% to 34,808. China has reportedly initiated plans to issue one trillion yuan ($138.24 billion) of ultra-long-term bonds, with the …

Read more

**Electric Vehicles**: Chinese EV Company Zeekr Makes Massive IPO Splash in US Market – Are Offshore Markets the Future for EVs?

by

Hangzhou, China – The Chinese electric vehicle industry has made waves in offshore markets, as evidenced by the 34 percent surge in shares of EV maker Zeekr during Friday’s largest IPO in the US by a Chinese company since 2021. Zeekr, a premium car brand based in Hangzhou that emerged from China’s Geely group, raised $441 million in New York by selling 21 million American depositary shares, priced at $28.26, marking investor confidence in Chinese-linked …

Read more

Zeekr: Chinese EV Maker Turns Heads on NYSE with IPO Debut

by

Beijing, China – The Chinese electric vehicle maker Zeekr is making headlines with its upcoming debut on the New York Stock Exchange, aiming to attract the attention of American investors. The company has priced its initial public offering (IPO) at $21, marking the upper end of the price range, signaling confidence in its market value. Zeekr’s decision to list on the NYSE comes after its IPO was upsized, indicating strong demand from investors. With the …

Read more

Reddit Shares Skyrocket After Surpassing Revenue Expectations in First Quarterly Report Since IPO

by

New York, NY – Reddit CEO Steve Huffman embraced the company’s mascot Snoo as Reddit made its debut on the New York Stock Exchange (NYSE) on March 21, 2024. After the company released its first quarterly results since the IPO, Reddit shares surged in after-hours trading on Tuesday. The social media platform reported a loss per share of $8.19, which outperformed the $8.71 loss expected by financial analysts. Additionally, Reddit’s revenue reached $243 million, surpassing …

Read more

**Reddit IPO Madness: WallStreetBets Mods Predict Explosive Growth with $750 Million Cash Injection**

by

New York, NY – Reddit, a popular social media platform, made its debut on the New York Stock Exchange after completing its initial public offering on Thursday. This move comes after the platform gained widespread attention for its role in the meme stock trading frenzy, particularly through the r/WallStreetBets community. Moderator of WallStreetBets, Noor Al, shared his perspective on Reddit’s decision to go public and the potential impact of its newfound financial resources. Al expressed …

Read more

**Reddit Stock Skyrockets to $53 After IPO Launch – What’s Next for RDDT?**

by

New York City – Reddit, the popular social media platform, made a noteworthy debut on the New York Stock Exchange. The much-anticipated initial public offering saw Reddit’s stock open at $47 per share, rising by 60% to trade above $53 in its first moments as a public company. This marks the first major social media company to go public since Pinterest in 2019, attracting significant investor interest after a pause in public listings in recent …

Read more

**Reddit IPO Debut on NYSE with $6.4bn Valuation: What’s Next for the Social Media Giant?**

by

New York, NY – Reddit is set to make its debut on the New York Stock Exchange on Thursday with a market value of $6.4 billion. The social media platform’s initial public offering price was set at $34 per share, marking a significant milestone as the largest IPO by a social media company in recent years. The announcement of the IPO price, at the top end of the target range determined by Reddit’s investment bankers, …

Read more