Newsmax, IPO
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CNN |
Those shares are currently worth nearly $200 each.
Yahoo |
Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation to over $20 billion.
NBC New York |
At one point, the rally gave the company a market capitalization of nearly $30 billion — surpassing the market cap of legacy media companies like Warner Bros. Discovery and Fox Corp.
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Stablecoin Giant Circle Files for IPO
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Fox Business |
"In many respects, Circle has for a long time been under intense public scrutiny," co-founder and CEO Jeremy Allaire wrote in a letter.
Inside Bitcoins |
Circle Internet Financial, the issuer of USD Coin (USDC), has filed for an initial public offering (IPO) amid analyst concerns over the company’s profitability.
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USD Coin issuer Circle Internet Group is trying for a second time to get listed on the New York Stock Exchange after disclosing significant revenue growth.
Even though it's coming during a volatile period for the markets and economy, the cryptocurrency company's planned listing puts pressure on rivals and regulators.
The IPO rally became the largest in the history of the NYSE, propelling the media company's owner to multi-billionaire status.
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Conservative cable network Newsmax (NYSE:NMAX) exploded onto the public markets on Monday, closing at $83.51—up a staggering 735% from its $10
CoreWeave achieved 12,000%+ revenue growth to $1.92B in 2024 with 70-80% GPU utilization.
The company incurred a net loss of $18.4M on its $237M in revenue for 2024, according to a securities filing. The company owns or manages 208 properties totaling 16.7M SF across 21 U.S. states and Canadian provinces, according to March investor materials .
As previously rumored, Discord, a popular communications platform, is working with Goldman Sachs and JP Morgan Chase to plan an IPO as soon as this year, according to a recent report by Bloomberg. The report cites people familiar with the matter and notes that more advisors may come on board as the talks progress.
Artificial intelligence startup CoreWeave's shares closed up 42% at $52.57 on Tuesday, their third day of trading, above their initial public offering price of $40.