Page 3 - Jake Dollarhide News Today

Software vendors that serve small and medium-sized businesses have gotten hammered by investors recently due to concerning forecasts

By Caroline Valetkevitch NEW YORK (Reuters) - Marketing automation firm Klaviyo's shares closed well below their first-day high on Wednesday, while a ...

It may still be a tough time for offerings given high interest rates and recent declines in the broader US stock market.

Shares of marketing automation firm Klaviyo closed lower than their first-day high, raising doubts about the revival of new listings. The decline in the stocks of Arm Holdings and Instacart further added to concerns. The IPO market has gained attention after a dry spell, but high interest rates and recent declines in the US stock market make it a challenging time for offerings.

Marketing automation firm Klaviyos shares closed well below their first-day high on Wednesday, while a slump in the stocks of Arm Holdings and Instacart added to doubts over whether a hoped-for...

NEW YORK (Reuters) -Marketing automation firm Klaviyo's shares closed well below their first-day high on Wednesday, while a slump in the stocks of Arm Holdings and Instacart added to doubts over whether a hoped-for new-listings revival would materialize. The high-profile listings have put investor focus back on the initial public offering (IPO) market after a nearly 18-month dry spell, but it may still be a tough time for offerings given high interest rates and recent declines in the broad...

The high-profile debuts have put focus on the IPO market after a long dry spell, but high interest rates and a broader decline in stocks may make it tough for new listings.

The imminent public market debuts of Instacart, Klaviyo, and Arm mark the end of an 18-month freeze in tech IPOs

U.S. stocks were mixed on Thursday, but movements in either direction were moderate after the Commerce Department reported the Personal Consumption Expenditures (PCE) price index rose 3 ...

The Nasdaq reached its highest in over four weeks after a Commerce Department report showed the Personal Consumption Expenditures (PCE) price index, considered the central banks preferred inflation gauge, climbed 3.3% in July on an annual basis, in line with expectations.