Companies & Funds, Ipo, Mergers & Acquisitions

Companies & Funds, Ipo

U.S. IPO market hits oversupply problem

Online trading firm Robinhood Markets’ vaunted IPO fell flat, battery maker Clarios delayed its debut, and fruit purveyor Dole cut its price. Other initial public offerings have done better, but investors can afford to be choosy, @richardbeales1 says.

7/30/2021 10:41:00 PM

Online trading firm Robinhood Markets’ vaunted IPO fell flat, battery maker Clarios delayed its debut, and fruit purveyor Dole cut its price. Other initial public offerings have done better, but investors can afford to be choosy, richardbeales1 says.

There are too many companies coming to market, even excluding record numbers of blank-check vehicles. Robinhood’s vaunted offering fell flat, battery maker Clarios delayed its debut, and fruit purveyor Dole downsized. Other IPO s did better, but investors can afford to be choosy.

Context NewsRobinhood Markets’ shares fell 8% to around $35 on their first day of trading on July 29, compared with an initial public offering price of $38 set a day earlier.Clarios International, a car-battery maker owned by Brookfield Asset Management, on July 29 delayed its initial public offering citing “current market conditions.” Advertising-technology company Teads, owned by French telecom group Altice, also postponed its IPO.

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Dole on July 28 slashed the indicative price range for its initial public offering. The fruit and vegetable grower said it plans to price its shares between $16 and $17 apiece, compared with the previous range of $20 and $23 per share. It would be valued at $1.7 billion at the top end of the new range.

Source: REUTERS/Andrew KellyA trader works behind plexiglass on the floor of the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 28, 2021. Read more: ReutersBreakingviews »

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U.S. SEC says Chinese IPO hopefuls must provide additional risk disclosuresThe U.S. securities regulator will not allow Chinese companies to raise money in the United States unless they fully explain their legal structures and disclose the risk of Beijing interfering in their businesses, the agency said on Friday, confirming an exclusive report by Reuters. 가장 큰 징역은 죄에 매이는 것입니다 OurEternalHome Free enterprise exchange or free commodity order

Robinhood IPO Was No Feather in Its CapHeard on the Street: The retail-heavy strategy of Robinhood’s IPO may be questioned after its first-day drop, but the broker’s fundamentals are what matter now These people look so happy. I want to be this happy too. nah I hope they get to be this happy when they get indicted

Robinhood valued at $32 billion after selling shares in IPO at $38 per shareRobinhood CEO Vlad Tenev reflects on immigrating to the U.S. and building the company: “It’s a very special moment for me and for my co-founder.” Sob stories don’t make up for ripping off millions of people. andrewrsorkin Zero, git fkd ya uggo basta andrewrsorkin memeshort

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