#Toast valued at over  billion in market debut

#Toast valued at over $32 billion in market debut

“#Toast valued at over $32 billion in market debut” Shares of Toast Inc jumped more than 63 percent in their New York Stock Exchange debut on Wednesday, valuing the restaurant software provider at nearly $32.6 billion. The stock opened at $65.26, compared with its initial public offering price of $40 per share. The Boston-based company, which makes software to…

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#Universal Music Group’s shares jump in stock market debut

#Universal Music Group’s shares jump in stock market debut

“#Universal Music Group’s shares jump in stock market debut” Shares of Universal Music Group soared more than 35 percent in the company’s stock market debut in Europe’s largest listing of the year to date. The world’s biggest record label, which represents musicians like Lady Gaga, Taylor Swift and Billie Eilish, traded around $29.32 a share…

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#Volvo reportedly preparing for upcoming  billion IPO

#Volvo reportedly preparing for upcoming $20 billion IPO

“#Volvo reportedly preparing for upcoming $20 billion IPO” The owner of Volvo, China’s Geely Holding, is in advanced discussions with banks to list the automaker in the coming weeks, three sources told Reuters, in what is expected to be one of Europe’s biggest initial public offerings this year. Volvo is aiming for a valuation of about…

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# SEC takes action against Chinese billionaire’s companies over 0M offerings

# SEC takes action against Chinese billionaire’s companies over $500M offerings

“# SEC takes action against Chinese billionaire’s companies over $500M offerings ” The United States Securities and Exchange Commission (SEC) has charged three of Chinese billionaire Guo Wengui’s companies over an initial coin offering (ICO) and initial public offering (IPO) that fetched around $487 million combined. The infamous Wengui, also known as Miles Kwok or…

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