State and federal regulators have launched numbers probes of the popular stock trading app, just as it hopes institutional investors and its own users will buy up its stock.
The brand, which evolved into a symbol of rebellious youth culture and is worn by celebrities, has thrived during the pandemic. Dr. Martens sells over 11 million pairs a year in 60-plus countries.
Special Purpose Acquisition Companies, or SPACs, are exploding in popularity. They allow companies to go public without all the hoops of an initial public offering.
The initial public stock offering of the Chinese financial company Ant Group, which would have been the world's largest stock offering of all time, has been put on hold.
"This marks the first time Airbnb has taken affirmative steps to initiate legal proceedings against a booking guest for throwing an unauthorized party," the company said.
Casper changed mattress shopping with the promise of a 100-night "risk-free" trial and easy returns. Now the cost of those returns is being scrutinized as the online company prepares to go public.
Months ago, there was speculation the company could be valued as high as $120 billion. Instead, the company is taking a more conservative approach — relatively speaking, anyway.
The denim company, which patented bluejeans in 1873, is planning to go public in one of the most high-profile IPOs of the year. Still controlled by Strauss descendants, it has been private since 1985.
Spotify's IPO, slated for this spring, gives investment banks a smaller role in the company's trading. It's been seen as a sign of Spotify's strength, but there are many unanswered questions.
Investors sent Switch Incorporated stock up nearly 22 percent in its first day of trading Friday as a public company, although its stock value dropped a bit in trading Monday.
Online payment startup Square and online dating giant Match have gone public. Their lackluster prices are the latest sign of Wall Street growing weary of tech hype and multibillion-dollar "unicorns."
Amid the buzz around wearables, Fitbit heads to the NYSE. The fitness tracking firm faces challenges from smart watches, but it may get a boost from companies that want to keep tabs on workers.
The e-commerce site, which focuses on quirky, handmade goods, has filed for an IPO. The paperwork reveals a plan to focus more on manufacturing and marketing — but not much suggestion of big profits.
