stock exchange

  • Southeast Asia’s Sea, formerly Garena, to raise upwards of $884M in US IPO

    Southeast Asia’s Sea, formerly Garena, to raise upwards of $884M in US IPO

    Sea, the Singapore-based digital entertainment firm formerly known as Garena, is set to raise upwards of $884 million when it lists on the New York Stock Exchange Friday under ‘SE’. The company, which specializes in publishing games but also offers payment and e-commerce services, has priced its shares at $15 — above the $12-$14 range it previously set out. Sea… Read More

  • Delivery Hero’s valuation surpasses $5B following successful IPO

    Delivery Hero’s valuation surpasses $5B following successful IPO

    Delivery Hero’s valuation topped $5 billion after the food delivery firm went public in a listing on the Frankfurt stock exchange. The listing, announced earlier this month, came at a €25.50 share price, at the top of its pricing range. The share price quickly rose to reach as high as €26.90 — or up 5.5 percent — on the first day of trading, according to Bloomberg. Read More

  • Delivery Hero announces plan for a $500M IPO in Germany

    Delivery Hero announces plan for a $500M IPO in Germany

    Delivery Hero’s much-anticipated IPO is on. Today the European food delivery company officially announced that it plans to raise as much as €450 million ($506 million) from a public listing on the Frankfurt Stock Exchange in “the coming months”. It’s been a busy past year or so for Delivery Hero, and when you look back on its recent happenings and developments… Read More

  • Snap to list on New York Stock Exchange

    Snap to list on New York Stock Exchange

    Snap, the parent of Snapchat, will be listing on the New York Stock Exchange, TechCrunch has confirmed. The news was first reported by the Wall Street Journal. This means that you can expect to see a big Snapchat banner on Wall Street and that executives will probably be ringing the opening bell when the company debuts, likely in March. The move sends the message that Snap wants its IPO… Read More

  • Pure Storage Falls In Public Debut, CEO Optimistic

    Pure Storage, the enterprise storage company, went public on the New York Stock Exchange Wednesday. After pricing at $17, shares traded down in its debut, closing the day at $16.01. CEO Scott Dietzen spoke to TechCrunch about why the company did an IPO during what has been a lackluster year for tech stocks. Read More

  • NYSE And NASDAQ To Close Down On Monday And Possibly Tuesday Due To Hurricane Sandy

    NYSE And NASDAQ To Close Down On Monday And Possibly Tuesday Due To Hurricane Sandy

    According to Reuters, the U.S. Stock Market will be closed on Monday due to interference that will be caused by the logistical nightmare that comes along with such a huge weather event like Hurricane Sandy. Parts of New York City have already been evacuated. As early as six hours ago, it was said that the NYSE would not be closing down, but that decision has apparently been reversed as the… Read More