Waystar Holding Corp. on Monday filed for an initial public offering, with plans to list on the Nasdaq Global Select Market under the ticker symbol “WAY.
” The company, whose cloud software helps with healthcare payments, said it planned to use the proceeds to pay back debt, and said it hoped to help providers navigate a complex payments landscape within the industry. The IPO filing didn’t disclose the number of shares being offered or an expected price range. Waystar, the parent of Waystar Technologies, said in August that it had made a confidential submission for a proposed IPO. J.P. Morgan, Goldman Sachs and Barclays...
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Why can’t the IPO market calm down?It's a volatile time for all markets, maybe especially the market for initial public offerings. The right price on an IPO stock may require good homework and lots of patience.
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