China’s e-commerce giant Alibaba Group Holding Ltd. has filed for an initial public offering on the Hong Kong stock exchange that could launch as soon as the third quarter of this year. Bloomberg and Reuters today reported that “people familiar with the matter” said the company hopes to raise up to $20 billion from the listing. […]
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Following the disappointing public offerings of Uber Technologies Inc. and Lyft Inc., content delivery provider Fastly Inc. today debuted on the stock market to a markedly warmer reception. The company saw its share price jump as much as 58% in morning trading on the New York Stock Exchange thanks to strong investor demand. By end […]
Shares of PagerDuty Inc. are up 60% after floating on the New York Stock Exchange this morning, giving the incident response provider a solid start in its first day as a publicly traded company. The strong debut follows a Wednesday initial public offering that saw PagerDuty reel in $218 million from investors. It sold 9.07 […]
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