Tag: Stock Listings
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Duckhorn CEO on how a winery succeeds on Wall Street: ‘You’d better make awesome wines’
[ad_1] It could be said that Alex Ryan, chief executive of the Duckhorn Portfolio, has the wine business in his blood. Ryan likes to talk about coming up in California’s famed wine region from “the back of a pickup-truck tailgate” in vineyards, rather than in marketing, sales “or some other fancy, glamorous point,” like many…
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Il Makiage parent Oddity Tech is going public: 5 things to know about the Israeli digital beauty company
[ad_1] Oddity Tech, an Israeli consumer tech platform for the beauty and wellness market, is going public this week in a deal that appears to be gaining traction. The deal was upsized and priced above the proposed price range late Tuesday at $35 a share. On Monday, the underwriters raised that range to $32 to $34 from…
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Nvidia discusses anchor investing role in IPO for chip designer Arm: report
[ad_1] U.K.-based Arm is hoping to bring on Nvidia Corp. as a cornerstone investor as the chip designer moves toward an initial public offering this year, the Financial Times reported on Wednesday, citing sources. AI chip superstar Nvidia NVDA, +0.53%, which became one of a handful of companies to reach a market cap of $1…
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Priveterra Acquisition says it will list on NYSE after AEON combination
[ad_1] Priveterra Acquisition said that following its planned business combination with AEON Biopharma the combined company will list on the New York Stock Exchange. Priveterra Acquisition PMGMU, -7.73%, a special purpose acquisition company, currently trades on the Nasdaq. The combined company is expected to begin trading on NYSE on or about July 24, under the…
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Like shoppers at a retail store, IPO investors are demanding discounts and displaying price sensitivity
[ad_1] IPO investors, much like retail shoppers in recent years’ inflationary environment, are demanding clear discounts and demonstrating sensitivity to price and valuations, according to Renaissance Capital. The provider of IPO exchange-traded funds and institutional research said that’s a positive — even if tech unicorns in the pipeline would prefer it were not the case.…
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Cannabis company TerrAscend draws kudos from analysts with Toronto Stock Exchange listing on tap for next week
[ad_1] TerrAscend Corp. on Friday capped its roughly 64% first-half share-price gain with an upgrade by one analyst and upbeat comments from another as the firm next week becomes the first cannabis company operating in the U.S. to trade on a major exchange. TerraAscend TRSSF, +2.78% TER, +2.51% will start trading Tuesday, the July 4…
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How long can Nvidia’s growth support its high stock price?
[ad_1] Nvidia Corp. NVDA, +3.16% has been the best-performing stock of 2023, rising 179% through June 29. This performance has been based on investors’ expectation that the company can continue growing rapidly as data-center operators purchase its graphics processors to support their corporate clients’ rollout of artificial intelligence technology. Nvidia said it expects its sales…
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IPO market readies for six-deal week, with four expected to raise more than $100 million
[ad_1] There were signs of life in the initial public offering on Monday with a lineup of six deals on tap this week, four of which are expected to raise more than $100 million. There were zero pricings last week, which was shortened by the Juneteenth Holiday Monday. But in another upbeat sign, five companies…
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Sagimet Biosciences gives going public a second chance under new CEO
[ad_1] Biotech drug developer Sagimet Biosciences is taking another shot at going public, according to a filing with the Securities and Exchange Commission late Friday. Sagimet filed another S-1 with the SEC on Friday to have its Series A stock to be listed under the ticker “SGMT” on the Nasdaq. Goldman Sachs, TD Cowen, Piper…
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Cava Group CFO is confident restaurant chain will be profitable — but she won’t say when
[ad_1] Cava Group, the Mediterranean-focused fast-casual restaurant chain that’s making its trading debut on Thursday, is confident it has access to enough funding to expand its business and make a profit, according to Chief Financial Officer Tricia Tolivar. But Tolivar declined to provide a timeline to profitability in an interview with MarketWatch. The… [ad_2] Source link