#ipo-and-public-markets

[ follow ]
Venture
fromFortune
5 hours ago

Cerebras soars almost 70% by market close in a true blockbuster IPO | Fortune

Cerebras debuted on public markets after withdrawing its IPO, with a 70% first-day surge driven by OpenAI partnership momentum and improved maturity.
fromFortune
3 months ago

Sam Altman should take Niklas Ostberg's number-what the Delivery Hero founder doesn't know about taking a company public and handling grumpy shareholders isn't worth knowing | Fortune

Roll forward to 2025 and it has been far from a good year on the markets for the owner of Talabat (Gulf, North Africa), Glovo (Europe, Africa) and Foodpanda (South-east Asia). Delivery Hero's share price fell to a low of €16.05 ($18.94) in November, from a high of €31.39 ($37.05) nine months earlier, a nearly 50% drop. Competition from the Chinese giant, Meituan, and regulatory fines for poor employment practices in the cutthroat world of moped and cycle delivery weighed on share price performance.
Startup companies
[ Load more ]