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Instacart Prices IPO at $30 a Share, at Top End of Expectations
Business

Instacart Prices IPO at $30 a Share, at Top End of Expectations

The grocery-delivery company is valued at nearly $10 billion ahead of its long-anticipated public-trading debut Tuesday. Source link

Arm Sets IPO Price at $51 a Share
Business

Arm Sets IPO Price at $51 a Share

British chip designer drops price after initially considering $52 a share. Source link

SoftBank Chip Unit Arm Files for IPO Likely to Be 2023's Biggest
Business

SoftBank Chip Unit Arm Files for IPO Likely to Be 2023's Biggest

Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link

NYSE, Nasdaq Battle for New Listings
Business

NYSE, Nasdaq Battle for New Listings

Nasdaq wins Instacart and Arm, while NYSE snags Birkenstock and Klaviyo. Source link

Johnson & Johnson Rips Off the Kenvue Band-Aid
Finances

Johnson & Johnson Rips Off the Kenvue Band-Aid

A surprisingly early distribution and a stretched valuation hit J&J’s consumer health arm hard. Source link

Oddity Shares Jump 40% in Stock Market Debut
Finances

Oddity Shares Jump 40% in Stock Market Debut

Investors scooped up shares of the direct-to-consumer beauty and tech company. Source link

Governments in China are Propping Up Hong Kong's Ailing IPO Market
Finances

Governments in China are Propping Up Hong Kong's Ailing IPO Market

Municipalities and state-backed investors that want to drum up more economic activity are buying shares in companies going public. Source link

Oddity Prices Closely Watched IPO Above Expectations
Finances

Oddity Prices Closely Watched IPO Above Expectations

Beauty company sells more shares than planned, signaling investors may be ready to write checks for new companies again. Source link