IPO

Sonos Sets IPO Price Range at $17 to $19 per Share

Today, Sonos announced that it has set its IPO price range at $17 to $19 per share, hoping to raise as much as $250 million. This would value the speaker manufacturer at about $2.14 billion, which is less than the original $3 billion valuation. The company originally filed their IPO two weeks ago, announcing that...

Silicon Valley High School Makes $24 Million From Snap IPO

The red-hot IPO debut of vanishing-photo superstar Snap this week not only placed the Southern California startup at a $35-billion value. According to a new report from Quartz, it also made Mountain View, California’s Saint Francis High School $24 million richer. A private Catholic high school in California's Silicon Valley that made $24 million from...

Snap Opens IPO with Larger Market Cap Than These 17 Companies

Snap Inc. officially started trading today with an opening price of $24 per share, which was higher than the initially reported $17 per share. Based on the opening price, the market capitalization (value of total outstanding shares) of Snap Inc. increased to $33 billion. Early investors in the company are better that Snap will be...

Snap Inc. Files for $3 Billion IPO

Snap Inc., the maker of Snapchat, has announced that they are going public. On Thursday, Snap made its first public IPO (initial public offering) filing with the U.S. Securities and Exchange Commission, which means investors finally got to see how the company explains its place in the market. The announcement comes five years after the...

Fitbit Files For $100 Million IPO, To Seek NYSE Listing

Fitbit, the company behind several popular fitness tracking devices, has filed to go public with an initial public offering of $100 million. The company plans to trade under the NYSE under the symbol FIT. The initial offering is a figure that will shift as they pitch the company to investors and gage demand. Fitbit earned...

Will Apple or Google Acquire Square or Will the Company go Public?

With both Apple and Google looking like strong contenders for an acquisition, mobile payments processing company Square’s eventual exit might just happen via an IPO, Re/Code is reporting. According to several industry observers, Square would immediately give Apple built-in distribution at thousands of businesses, while Google would want more information on purchases that consumers make to better target its...