Page 3 - Bailey Lipschultz News Today

A rally across equity markets lifted Birkenstock Holding Plc and other newly public firms, but Wall Street still isn’t welcoming initial public offerings with open arms.

A basket of such companies — including the Oreo cookies maker and Modelo beer producer — is down nearly 9% since early August.

(Bloomberg) -- Marketing and data automation provider Klaviyo Inc. priced shares in its initial public offering above a marketed range at $30 each, according to people familiar with the information who asked not to be identified because it wasn’t public yet.Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingF-35 Debris Found After a $100 Million Fighter Jet Went MissingIndia, Canada Trade Diplomatic Blows Over Murder AllegationsVanderbilt R...

(Bloomberg) -- Online grocery startup Instacart has been flirting with an initial public offering for years and is finally set to take the plunge Monday in another bellwether listing for a still-anxious market.Most Read from BloombergHow Auto Executives Misread the UAW Ahead of Historic StrikeMGM Resorts Hackers Broke In After Tricking IT Service DeskEurope Is Better Prepared If Trump Wins Again, Germany’s Baerbock SaysXi’s Missing Defense Chief Opens Door for US Military TalksInst...

Instacart is seeking to raise as much as US$660 million Monday at a valuation of more than US$9 billion and begin trading Tuesday. Read on.

(Bloomberg) -- SoftBank Group Corp.’s Masayoshi Son, whose record on tech investing took a drubbing after flameouts like WeWork and DoorDash Inc. fueled a record $32 billion loss at its Vision Fund arm in the last fiscal year, was determined to turn the tide.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackVideo-Game Company Unity Closes Offices Following Death ThreatByron Allen Makes $10 Billion Bid for ABC, Other Disney NetworksWhen the Homeowners Associat...

Its shares soared 130%, adding $53 billion in market value to the Vietnamese electric automaker on Tuesday.

Its shares soared 130%, adding $53 billion in market value to the Vietnamese electric automaker on Tuesday.

(Bloomberg) -- Grove Collaborative Holdings is replacing its longtime chief executive officer after the seller of household essentials struggled since being taken public during the SPAC craze of the past few years. Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesTech Giants, Yields Tick Up in Choppy Session: Markets WrapOutsider Milei Upends Argentina’s Election With Primary WinChina Finance Giant’s Missed Payments Alarm Regulators, MarketsZuckerberg...

The fortune of Vietnam’s wealthiest man is poised to soar by as much as $11 billion, vaulting him to the upper ranks of the world’s richest people—for a while, at least. Pham Nhat Vuong has the paperwork in place to take his electric-vehicle maker VinFast public through a SPAC listing…