IPOs

Uber’s IPO : This Unicorn Story a Myth The most anticipated IPO in many years is set for this month, but is the Uber unicorn a real fairy tale.  The price for the UBER ticker symbol is set between $44 to $50 for its public debut on May 10th. 1. Lyft IPO should be a warning. Lyft, the rideshare company and Ubers...

SPAC deals now are rehabbed and swapped for failed IPOs Move over, IPOs, SPACs are becoming more popular. Special-purpose acquisition companies, once a last resort for owners looking to exit an investment, have become a popular choice for private companies spooked by the swings in the regular IPO market. The volume of SPAC deals hit an all-time high in 2019. Instead of...

DoorDash In search of As much as $2.8 Billion in IPO at Potential $32 Billion Valuation DoorDash Inc mentioned on Monday it's aiming to boost as much as $2.8 billion in an preliminary public providing (IPO), which might double the worth of the U.S. meals supply startup and be one among 2020’s largest public market debuts. DoorDash, the most important U.S....

Bumble Raises $2.15 Billion in IPO at $7 Billion Post-Money Valuation Bumble Inc, a dating app operator backed by buyout firm Blackstone Group Inc, sold shares in its initial public offering (IPO) on Wednesday at $43 apiece above its target range, to raise $2.2 billion. The IPO gave the Austin, Texas-based company a market capitalization of more than $7 billion. Bumble...

Wall Street has a new obsession: special purpose acquisition companies (SPACs). SPACs are an alternative to the traditional way businesses raise money known as initial public offerings (IPOs). Since January 1, 2021 SPACs have raised over $88 billion, making up 83 percent of public offerings this year and raising more money than they did in all of 2020. As investment banks and professional investors celebrate this booming...