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(Reuters) -Genesys said on Monday it has confidentially filed for an initial public offering in the United States, becoming the latest tech firm to bet on the booming AI market to attract investors.
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors [1] and usually also to retail (individual) investors. [2] An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges.
Reddit's IPO won’t be the year’s biggest, an honor that currently belongs to Amer Sports, maker of the Wilson Tennis racquets, which in late January raised about $1.4 billion, according to ...
Stock market news live updates: S&P 500, Nasdaq close lower ahead of inflation report, earnings. Alexandra Semenova. October 11, 2022 at 3:03 PM.
In December 2018, StoneX announced that it would be acquiring GMP's US-based fixed-income trading business, formerly known as Miller Tabak Roberts Securities, LLC. [ 28 ] [ 29 ] [ 30 ] In 2019 StoneX Group Inc. acquired the futures and options brokerage and clearing business of UOB Bullion and Futures Limited in Singapore . [ 31 ]
Please help update this article to reflect recent events or newly available information. ( April 2018 ) The lawsuits started by Canon U.S.A. Inc. against a number of retailers on 25 October 2015 in the New York Eastern District Court (Case No. 2:15-cv-6019 [ 47 ] and No. 2:15-cv-6015) [ 48 ] will not be tried until 2016 at the earliest, but are ...
Stock market news live updates: Stocks close mixed, yields rise to start final trading week of 2022. Alexandra Semenova. December 27, 2022 at 1:07 PM.
After the IPO, Zuckerberg was to retain a 22% ownership share in Facebook and was to own 57% of the voting shares. [13] The document also stated that the company was seeking to raise US$ 5 billion, which would make it one of the largest IPOs in tech history and the biggest in Internet history. [14] The roadshow faced a "rough start" initially.