The latest: Unity Software, which makes programs for video game designers, priced its IPO at $52 per share on Thursday. The public offering will raise at least $1.3 billion. Just last week, the company said it expected to price shares between $34 and $42.Big picture: Snowflake made a splash earlier this week when it priced its initial public offering at $120 a share — well above the expected range of $100 to $110. Shares skyrocketed 112% on their first trading.
What's happening: US regulators have tentatively agreed to a deal with the video app's Chinese parent company, ByteDance, and its potential American partner, Oracle, a person familiar with the matter told CNN Business. The frenzy kicked off in early August when Trump signed an executive order that would effectively ban TikTok in the United States unless ByteDance could find an American owner for its US operations by Sept. 20.
Scoreboard: The chain grew sales at stores open for at least one year by 24% to $3.9 billion during its latest quarter, faster than growth reported by Costco and Walmart-owned Sam's Club in the same period, my CNN Business colleague Nathaniel Meyersohn reports. BJ's said its"digitally enabled sales" — including same-day delivery through Instacart and curbside pickup — grew by more than 300%.
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