Nike stock bounces, but another analyst cuts price target ahead of earnings Shares of Nike Inc. edged up 0.2% in morning trading Wednesday, after slumping 4.5% the previous session to Read more
Tag: Initial Public Offerings
‘SPAC king’ is throwing in the towel on two vehicles after failing to find target companies in time
Chamath Palihapitiya, backer of the Social Capital Hedosophia Holdings Corp. special-purpose acquisition corporations, or SPACs, is winding down two vehicles after failing to find target companies within the required time Read more
Chinese EV maker Zhejiang Leapmotor plans to raise over $1 billion in Hong Kong IPO
Zhejiang Leapmotor Technology Co. is planning to raise over 8.11 billion Hong Kong dollars ($1.03 billion) in an initial public offering to join a list of other Chinese electric vehicle Read more
Instacart plans for most of IPO shares to come from employees
Instacart Inc. doesn’t plan to raise much capital in its initial public offering and instead plans to have most of the listing come from the sale of employees’ shares, said Read more
Volkswagen seeks up to $71.5 billion valuation in Porsche IPO
A previous version of this article misstated the date of the Porsche IPO. The article has been corrected. A Porsche 911 Carrera 4 GTS Cabriolet sports car is seen in Read more
China Vanke’s Onewo unit plans to raise over $780 million in Hong Kong IPO
Onewo Inc., a property-management arm of China Vanke Co. is planning to raise as much 6.15 billion Hong Kong dollars (US$783.5 million) through an initial public offering in Hong Kong. Read more
Volkswagen seeks up to $71.5 billion valuation in Porsche IPO
German auto maker Volkswagen AG is targeting a valuation of up to $71.5 billion (75 billion euros) for its initial public offering of Porsche, in what would be one of Read more
U.S. business inventories matched forecast rise in July
U.S. business inventories matched forecast rise in July
Market rout casts cloud over biggest IPO of the year as at least two deals are pulled during brutal selloff
At least two initial public offerings were withdrawn during Tuesday’s brutal stock market rout, casting a shadow over what’s expected to be the year’s biggest deal, the $1.8 billon offering Read more
Porsche Could Be Worth as Much as All of Volkswagen in an IPO
An IPO of the Volkswagen-controlled Porsche brand could come in September. Porsche Porsche’s initial public offering is getting close. It’s going to be big. Friday, Bloomberg reported that Porsche has Read more