Such a dramatic drop in the expected pricing would usually signal a weak performance from the shares when they started trading. But Airo's stock closed Friday at $24, or 140% above the IPO price. And ...

The first-day trading performance of companies making their IPO debuts are rising at their quickest rate in over three and a ...

Chime's strong debut is seen as a positive sign for the U.S. IPO market, which has been sluggish for several years. But that ...

Two-thirds of its members rely on Chime as the primary financial relationship. Through its platform, members deposit their ...

Strategy, formerly known as MicroStrategy, is an analytics software provider that has shifted its focus to buying Bitcoin.

The artificial intelligence era won’t be decided only by providers of large language models such as OpenAI. Databricks made a big play at its annual Data+AI Summit in San Francisco this week to lead ...

Shares of oil companies and defense contractors rise after Israel launched an attack on Iran’s nuclear facilities.

Asset manager Fidelity has marked up Lenskarts valuation to $6.1 billion as the eyewear retailer gears up an IPO. This and ...

Global markets are in turmoil on Friday after Israel unleashed a major wave of strikes on Iran’s nuclear program overnight ...

Still, the Chime IPO is being celebrated as a win for the company—and more importantly, as a clear signal that the public ...

Chime Financial had a strong Nasdaq debut. The stock price increased significantly after the IPO. The company raised $864 ...

The listing represents a 54% discount from Chime's peak private market valuation of US$25bn achieved during its 2021 fundraising round. The company had initially targeted pricing between US$24 and ...