Initial public offerings

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, June 3, 2020. Asian shares are rising after Wall Street extended its gains for the third straight day, driven by optimism over economies reopening from shutdowns to stem the coronavirus pandemic. (AP Photo/Ahn Young-joon)
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June 02, 2020 - 11:39 pm
TOKYO (AP) — Asian shares rose Wednesday after Wall Street extended its gains for the third straight day, driven by optimism over economies reopening from shutdowns to stem the coronavirus pandemic. Japan's benchmark Nikkei 225 gained 1.1% to 22,581.19 in morning trading. Australia's S&P/ASX...
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The DoorDash app is shown on a smartphone on Thursday, Feb. 27, 2020 in New York. The food delivery giant has taken a first formal step toward a stock market debut. The company announced Thursday that is has confidentially filed a draft S-1 form with the Securities Exchange Commission related to a public stock offering. (AP Photo)
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February 27, 2020 - 12:28 pm
NEW YORK (AP) — Food delivery giant DoorDash has taken a first formal step toward a stock market debut. The San Francisco-based company announced Thursday that is has confidentially filed a draft S-1 form with the Securities Exchange Commission outlining its proposed public stock offering. There...
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Philip Krim, CEO and co-founder of sleep product company Casper, poses for a photo outside of the New York Stock Exchange, before their IPO, Thursday, Feb. 6, 2020. (AP Photo/Richard Drew)
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February 06, 2020 - 6:13 pm
NEW YORK (AP) — Shares of online mattress pioneer Casper Sleep Inc. popped Thursday in their debut on the New York Stock Exchange. But the New York-based company still faces challenges to prove to investors it can profitably sell mattresses. Its shares closed at $13.50, up nearly 13% above the $12...
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FILE- In this Dec. 11, 2019, file photo, the Saudi stock market officials watch the stock market screen displaying Saudi Arabia's state-owned oil company Aramco after the debut of Aramco's initial public offering (IPO) on the Riyadh's stock market in Riyadh, Saudi Arabia. Saudi Arabian oil company Aramco's initial public offering raised $29.4 billion, more than previously announced after the company said Sunday it used a so-called "greenshoe option" to sell an additional 450 million shares to satiate investor demand. (AP Photo/Amr Nabil)
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January 12, 2020 - 5:21 am
DUBAI, United Arab Emirates (AP) — Saudi Arabian oil giant Aramco announced Sunday that its initial public offering raised a record $29.4 billion, a figure higher than previously announced, after the company used a so-called “greenshoe option” to sell millions more shares to meet investor demand...
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FILE - In this Nov. 14, 2019, file photo a pair of specialists work on the floor of the New York Stock Exchange. Investments around the world were all winners in 2019 as central banks unleashed more stimulus to bolster the global economy against the damage created by President Donald Trump’s trade war. (AP Photo/Richard Drew, File)
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December 26, 2019 - 4:57 pm
NEW YORK (AP) — On January 3, the S&P 500 sank 2.5% when Apple warned of sagging demand for the iPhone, an inauspicious start to 2019 following a 14% drubbing in last year's fourth quarter. On January 4, Federal Reserve Chairman Jay Powell said the central bank would be "patient" with its...
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FILE - In this Feb. 26, 2017, file photo, Uber CEO Travis Kalanick arrives at the Vanity Fair Oscar Party in Beverly Hills, Calif. Former Uber CEO Kalanick will resign from the company's board next week, effectively severing ties with the company he co-founded a decade ago. (Photo by Evan Agostini/Invision/AP, File)
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December 24, 2019 - 2:45 pm
NEW YORK (AP) — Travis Kalanick, who built Uber into a ride-hailing giant, only to be ousted as CEO over the company's sexist “bro” culture, is cashing out. Kalanick disclosed Tuesday that he has sold off all his Uber stock — estimated at more than $2.5 billion — and is resigning from the board of...
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This undated image provided by Disney Plus shows a scene from "The Mandalorian," which offered as part of the video streaming channel. (Disney Plus via AP)
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December 18, 2019 - 11:49 am
NEW YORK (AP) — 2019 wound up being another big year for news from the business world. There was a leadership transition at Google's parent company, a huge IPO by Saudi Aramco, and more scrutiny for Facebook as the social media company alarmed users and regulators with plans to create a digital...
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Saudi Arabia's state-owned oil company Saudi Armco and stock market officials celebrate during the official ceremony marking the debut of Aramco's initial public offering (IPO) on the Riyadh's stock market in Riyadh, Saudi Arabia, Wednesday, Dec. 11, 2019. (AP Photo/Amr Nabil)
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December 11, 2019 - 5:01 pm
RIYADH, Saudi Arabia (AP) — Saudi Arabian oil company Aramco surpassed Apple as the world's most valuable public company Wednesday when its shares made their debut on the Saudi stock exchange, part of an ambitious shift away from the very fossil fuels the country's economy depends on. The shares'...
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FILE - In this Nov. 3, 2019, file photo, a man walks past a compound for Saudi Aramco in Jiddah, Saudi Arabia. Saudi Arabia's state-owned oil company Aramco on Thursday, Dec. 5, set a share price for its IPO, that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. (AP Photo/Amr Nabil, File)
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December 05, 2019 - 4:07 pm
DUBAI, United Arab Emirates (AP) — Saudi Arabia's state-owned oil company Aramco on Thursday set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. The company said it will sell its shares at 32 riyals ($8...
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A screen shows footage of Alibaba Group co-founder Jack Ma during the Alibaba Group's listing ceremony at the Hong Kong Stock Exchange (HKEX) in Hong Kong, Tuesday, Nov. 26, 2019. (AP Photo/Kin Cheung)
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November 26, 2019 - 4:16 am
HONG KONG (AP) — Chinese e-commerce giant Alibaba’s shares jumped 6.6% in their debut on the Hong Kong stock exchange on Tuesday, an auspicious start at a time when the former British colony is reeling from political unrest. Alibaba closed at 187.60 Hong Kong dollars ($23.96) per share after...
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