IPO investors get the Toast without the jam - TheRealLSL -
Toast on Sept. 21 priced its initial public offering on the New York Stock Exchange at $40 a share, giving the restaurant software group a valuation of more than $20 billion. The company had previously increased its price range to between $34 and $36 a share, from an initial $30 to $33 a share.
On the same day, business software supplier Freshworks priced its Nasdaq IPO above the previously anticipated range, giving it a valuation of more than $10 billion.Shares in identity management group ForgeRock jumped more than 40% in their debut on the New York Stock Exchange on Sept. 16. The company, backed by buyout firm KKR, had priced its shares at $25 each, above their indicated range.
Shares in On, a shoemaker backed by tennis star Roger Federer, jumped more than 47% on their debut in New York on Sept. 15.A masked worker deals with a customer at an outdoor sidewalk restaurant in Encinitas, as California Governor Gavin Newsom said his state would keep its mask order in place for another month, in California, U.S., May 17, 2021.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Toast prices IPO at $40 a share, way above range, for $20 billion valuation: reportsToast Inc., a restaurant-focused payments company, priced its initial public offering at $40 a share late Tuesday, according to Dow Jones Newswires and CNBC,...
Read more »
Toast prices IPO at $40 a share, way above range, for $20 billion valuationToast Inc., a restaurant-focused payments company, priced its initial public offering at $40 a share late Tuesday, significantly above its expected range of...
Read more »
Toast stock pops 60% in IPO debutToast Inc. shares popped 63% in their trading debut Wednesday, marking a warm Wall Street welcome for the maker of restaurant-focused software and payment...
Read more »
IPO market braces for 14 deals this week — including payment processor Toast — unless Evergrande woes send issuers scurryingThe biggest deal of the week is expected to come from Freshworks ($FRSH), a California-based customer support software company that is seeking to raise up to $969 million.
Read more »
Let's Break Down the Mind-Blowing Money in Universal Music's IPOUniversal Music Group is going public tomorrow — and its worth is expected to soar to a mind-boggling $60 billion. Let’s break down the avalanche coming for the music industry
Read more »