Tag: IPO

Renault SA shares rose by as much as 5% on Tuesday after the company decided to abandon its plans to launch an initial public offering for its electric vehicle (EV) business. The French automaker explained that unfavorable market conditions influenced its decision to abandon...

Data and marketing automation company Klaviyo is looking to raise as much as $6.8 billion in its initial public offering, the company confirmed on Monday. This decision to go public follows that of chip designer Arm Holdings Ltd and grocery delivery service Instacart. Klaviyo is...

Online grocery delivery company Instacart is looking to raise $616 billion when it goes public, making it one of the largest initial public offerings of the year. The company revealed in a filing on Monday that it plans to offer 14.1 million shares, priced...

Goldman Sachs CEO David Solomon is confident that the incoming wave of initial public offerings (IPOs) will help to fuel a "pickup in the capital markets activity" in the coming fall season. "Obviously an environment with more capital markets activity is a good environment...

Chip designer Arm Holdings Ltd. is aiming to raise $4.87 billion in the company's long-anticipated initial public offering (IPO). This is nearly half the amount that the company initially expected to raise upon going public. Owned by SoftBank Group Corp., the computer processor maker is...

Changing market conditions have prompted chipmaker Arm to lower its expectations in terms of market valuation and the amount it will raise upon launching its initial public offering (IPO). In addition to reporting a decline in revenue, Arm has also engaged in a higher-than-expected...