While shares opened at $39, they slid throughout the day to close at $34.80, down 12 percent.
The company reported about $1.45 billion in revenue in 2020, up from $994.1 million in 2019.
The residential brokerage firm backed by SoftBank revealed rising revenues paired with smaller losses as the U.S. experiences a surge in homebuying.
Cloud computing company DigitalOcean filed for a $100 million IPO on Thursday, revealing growing revenue and steady losses.
SPACs, or special purpose acquisition companies, are still on a tear in 2021.
Dating app Bumble’s stock closed at $70.31 on Thursday, nearly 64 percent above its IPO price.
Kuaishou, often viewed as the chief competitor to TikTok in China, raised more than $5.3 billion through its IPO.
Shares of webcasting and virtual events platform ON24 began trading on the New York Stock Exchange on Wednesday, with its stock closing at $70.45, or...
I missed the boat to write about the GameStop-Reddit-Robinhood madness last week, so this week I thought I’d write about something else that often...
The company raised $1.55 billion through its IPO, making it the largest public debut of a Utah-based company.
At that heightened price range, the company could be valued at up to $15 billion and raise about $1.5 billion through its IPO.