initial public offering

Being a Reddit user has always had its perks, but now the most loyal Redditors will get VIP passes to own part of the company. Reddit disclosed plans to launch its long-awaited IPO at up to a $6.4 billion valuation, according to a Monday filing with the SEC, and the company is reserving 8% of its shares for longtime members of the online platform.Robinhood App Lays Off 9% of Staff“Our users have a deep sense of ownership over the communities they create on Reddit,” said the company in the filing. “We want this sense of…

Israeli digital brokerage eToro is seeking a valuation of more than $3.5 billion and considers the U.S. a potential destination to list its shares, the Financial Times reported on Sunday.The retail trading platform is weighing an initial public offering (IPO) in New York or London, CEO Yoni Assia told the newspaper, adding that a US listing would give the company access to a broader range of investors than a presence on the British market.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Top YouTube channels that can make you a smart IPO investor in 2024 If you’re thinking about investing in the stock market, particularly in the initial public offerings (IPOs) of young, promising businesses, you may want to keep up with the most recent news and trends and seek advice from industry professionals. Thankfully, tons of YouTube channels will assist you in 2024 to become an informed IPO investor. These channels provide information, analysis, and advice on prospective and impending initial public…

Beware the apes, Reddit told the world in its IPO documents, though not in such explicit terms. Put simply, the company warned potential investors that one of its subreddits, the infamous r/WallStreetBets, could make its stock price and volume extremely volatile—and there’s little Reddit can do about it.Robinhood App Lays Off 9% of StaffReddit listed r/WallStreetBets as one of the possible risks to investing in the company in its S-1 form on Thursday, referencing the subreddit’s role in the meme stock craze of 2021, where…

Nearly fully subscribed Jana SFB IPO: 1.2x bids show strong interest from retail and HNI investors The Jana SFB IPO, a scheduled commercial bank that serves underserved areas of the Indian population with banking and financial services, started on February 24, 2024, and has received positive feedback from investors. As of 5 p.m. on February 25, 2024, bids for 6.8 crore shares, or 0.98 times the total issue size of 6.9 crore shares, have been received for the initial public offering (IPO), which intends to…

10 important things investors must know about the Apeejay Surrendra Park Hotels IPO Apeejay Surrendra Park Hotels IPO, a significant participant in the hotel industry, took place on February 5, 2024. For the Apeejay Surrendra Group, this Hotel IPO, which is scheduled to conclude on February 7, 2024, represents an important milestone. The firm also runs additional brands including “Zone by The Park,” “Flurys,” and “The Denmark Tavern.” It is well known for its opulent boutique Park Hotels around India. The…

MobiKwik on Friday filed draft papers for its initial public offering (IPO) with the stock markets regulator, proposing to raise Rs 700 crore through a fresh issue of shares.This is the second time One MobiKwik Systems, parent company of the digital payment service provider, has filed its draft papers. MobiKwik had abandoned its initial listing plans in 2021, citing weak market conditions.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and…

ServiceTitan Inc, a Los Angeles-based startup that makes software to help contract workers manage their businesses, has revived preparations for an initial public offering (IPO) in 2024, according to people familiar with the matter.ServiceTitan, which had been preparing to go public in 2022 before the market for IPOs soured, is working with investment banks Goldman Sachs and Morgan Stanley on its latest preparations for a stock market listing that could come as early as the second quarter of 2024, the sources said,…

Shares of Ideaforge Technology ended 93% higher on the bourses following a stellar debut on Friday. The dronemaker's stock opened at Rs 1,305.10 on the Bombay Stock Exchange, a whopping premium of 94.21%. On the National Stock Exchange, it listed at Rs 1,300, a 93.45% gain over its issue price of Rs 672.The company drew a rousing response from Dalal Street, mainly due to its leadership of the country’s unmanned aircraft systems (UAS) market and also as it has no listed competitors as yet.Here’s all you need to know about…

Shein, the Chinese online fashion retailer worth more than $60 billion that is under scrutiny from U.S. lawmakers over its labor practices, has registered with regulators for an initial public offering in New York, people familiar with the matter said.The stock market debut could make Shein the most valuable Chinese company to go public in the United States since ride-hailing giant Didi Global listed in New York in 2021 at a $68 billion valuation. Didi was delisted from New York a year later amid Beijing's crackdown on…