By Anna Banacka and Anna Koper WARSAW/GDANSK, Poland (Reuters) – Shares in Polish e-commerce group Allegro leapt more than 60% on their debut on Monday, giving the company a market value of almost $19 billion in Europe’s biggest initial public offering (IPO) so far this year. Founded more than 20 […]
IPO
Health insurance startup Oscar Health is gearing up for a 2021 IPO
Oscar Health, the health insurance company cofounded by Joshua Kushner and Mario Schlosser, is prepping for a public listing in 2021, says Axios. The New York-based company initially aimed to provide coverage under the Affordable Care Act at the beginning of its launch in 2012, but has since expanded into […]
Dow ends 327 points higher as stocks rebound amid vaccine hopes, IPO rush and corporate deal-making
U.S. stocks rose Monday, taking back a chunk of last week’s losses amid fresh hope for a coronavirus vaccine, a flurry of initial public offerings and potential corporate mash-ups, including reports that Oracle plans to forge a partnership with TikTok, the popular China-based social-media platform. The Dow Jones Industrial Average […]