Factbox-U.S IPO market poised for strong finish in 2023 amid a flurry of listings

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

U.S. investors are awaiting a slew of initial public offerings (IPO) in coming months, hoping to ride the recent rally in equity markets. British chip-designer Arm Holdings, owned by Japan's Softbank Group, launched what is expected to be this year's biggest IPO that could raise about $5 billion and value the company at as much as $52 billion. The company publicly filed its IPO with U.S. Securities and Exchange Commission (SEC) last month and kicked off its IPO roadshow this week in Baltimore, where influential asset manager T Rowe Price is headquartered.

NEW YORK - U.S. investors are awaiting a slew of initial public offerings in coming months, hoping to ride the recent rally in equity markets.

Arm says it has already signed up many of its major clients as cornerstone investors, including Apple, Nvidia, Alphabet, Advanced Micro Devices, Intel and Samsung Electronics. Instacart's business boomed during the COVID-19 pandemic owing to a surge in online orders. But the company's growth slowed as lockdown restrictions were eased, and it responded by cutting costs and laying off workers.

Goldman Sachs and J.P.Morgan are the lead underwriters for the offering, Instacart said, adding that its shares would be listed on the Nasdaq under the symbol "CART."Data and marketing automation firm Klaviyo disclosed its filing for its IPO in August, months after it confidentially submitted paperwork for the listing.

Goldman Sachs, Morgan Stanley and Citigroup are lead underwriters on the offering, the company said in its filing. Its shares are expected to begin trading on the New York Stock Exchange under the ticker symbol "KVYO".Vietnamese internet company VNG Corp has filed for a market debut on the Nasdaq, making it the first technology firm from the Southeast Asian country to list in the United States.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 47. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Report forecasts softness in Canada's housing market this fallA new report forecasts that Canadian home prices will remain flat until the end of 2023.
مصدر: BNNBloomberg - 🏆 83. / 50 اقرأ أكثر »