Latest Initial public offerings News

Markets 2021: Stocks soar, IPOs explode, crypto goes wild

Dec. 23, 2021 14:14 PM EST

Wall Street delivered another strong year for investors in 2021, as a resurgence in consumer demand fueled by the reopening of the global economy pumped up corporate profits. As of Dec. 22, the S&P 500 had risen 25%, its third-straight annual increase. Along the way, the...

Markets 2021: Stocks soar, IPOs explode, crypto goes wild

Dec. 23, 2021 14:10 PM EST

Wall Street delivered another strong year for investors in 2021, as a resurgence in consumer demand fueled by the reopening of the global economy pumped up corporate profits. As of Dec. 22, the S&P 500 had risen 25%, its third-straight annual increase. Along the way, the...

EV start-up Nikola settles with US for $125 million

Dec. 21, 2021 11:07 AM EST

Electric and hydrogen-powered truck startup Nikola has agreed to a $125 million settlement over charges that it defrauded investors after misleading them about its products, technical advances, and financial prospects. Nikola Corp. violated the antifraud and disclosure control...

Harley to take electric motorcycle company public via SPAC

Dec. 13, 2021 09:43 AM EST

MILWAUKEE (AP) — Harley-Davidson will take its electric motorcycle division public through a blank-check company, valuing the enterprise that has been part of the Harley for 10 years at $1.77 billion. The news gave a jolt to long-suffering shares of Harley-Davidson, which jumped...

Trump media venture eyed by regulators; names Nunes CEO

Dec. 06, 2021 20:37 PM EST

NEW YORK (AP) — Regulators are looking into the deal that would bring Donald Trump's new social media company to the stock market, one that has attracted both legions of fans of the former president and people looking to make a quick profit. The company partnering with Trump Media...

Shares of EV maker Lucid slide after disclosing SEC subpoena

Dec. 06, 2021 10:42 AM EST

SILVER SPRING, Md. (AP) — Shares in the electric vehicle startup Lucid Group tumbled Monday after saying that said it had been subpoenaed by government regulators, apparently over the process by which it became a publicly-traded company last summer. Lucid shares skidded 18% at the...

Grab goes public in $40B SPAC deal, slides in market debut

Dec. 02, 2021 13:04 PM EST

HONG KONG (AP) — Southeast Asia’s largest ride-hailing company Grab tumbled in its market debut Thursday, following a $40 billion merger in a special purpose acquisition company deal. The Singapore-based company's debut on the Nasdaq came more than seven months after...

Emirates says IPO a possibility for famed long-haul carrier

Nov. 16, 2021 22:26 PM EST

DUBAI, United Arab Emirates (AP) — The president of long-haul carrier Emirates said Tuesday that an initial public offering of stock in the Dubai-based airline could happen as the city-state tries to boost its local financial market, while promising that its fleet of iconic double-decker...

Electric truck maker Rivian zooms to $86B market value

Nov. 10, 2021 16:50 PM EST

SILVER SPRING, Md. (AP) — Shares of Rivian Automotive jumped in their debut Wednesday, rising as much as 53% as investors look for the next big winner in the electric vehicle market. The closing price of $100.73 gave Rivian a market value of about $85.9 billion,...

Panera Bread returning to markets with upcoming IPO

Nov. 09, 2021 17:20 PM EST

Panera is returning to the public markets after four years in private hands. St. Louis-based Panera Brands __ which also owns Caribou Coffee and Einstein Bros. Bagels __ filed initial paperwork Tuesday for an initial public offering of stock. It did not give a date or say...