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January 15, 2021
Pets, Not Politics: Petco Shares and the PAWZ ETF Surge Americans are more focused than ever on lavishing love on their furry companions. On Thursday, shares of Petco Health and Wellness Company rocketed by about 50% in their first trading day on the New York Stock Exchange, underscoring the move toward investing in the pandemic-fueled pet care industry. Petco opened at $26, after being priced at $18, to rise by about $816.5 million. The pet care company is trading under the ticker symbol WOOF....
January 14, 2021
By Reuters Staff 2 Min Read (This Jan 14 story, corrects amount raised in headline and first paragraph to $864 mmillion from $816 million) FILE PHOTO: A Petco store logo is pictured on a building in North Miami, Florida March 19, 2016. REUTERS/Carlo Allegri (Reuters) - Pet retailer Petco Health and Wellness Company Inc said on Wednesday it sold shares in its initial public offering (IPO) at $18 apiece, above its target range, to raise about $864 million. Petco, which is owned by the Canada Pens...
January 14, 2021
Pet retailer Petco Health and Wellness Company Inc said on Wednesday it sold shares in its initial public offering (IPO) at US$18 apiece, above ...
January 14, 2021
By Reuters Staff 2 Min Read (This Jan 14 story, corrects amount raised in headline and first paragraph to $864 mmillion from $816 million) FILE PHOTO: A Petco store logo is pictured on a building in North Miami, Florida March 19, 2016. REUTERS/Carlo Allegri (Reuters) - Pet retailer Petco Health and Wellness Company Inc said on Wednesday it sold shares in its initial public offering (IPO) at $18 apiece, above its target range, to raise about $864 million. Petco, which is owned by the Canada Pens...
January 14, 2021
By Reuters Staff 2 Min Read (This Jan 14 story, corrects amount raised in headline and first paragraph to $864 mmillion from $816 million) FILE PHOTO: A Petco store logo is pictured on a building in North Miami, Florida March 19, 2016. REUTERS/Carlo Allegri (Reuters) - Pet retailer Petco Health and Wellness Company Inc said on Wednesday it sold shares in its initial public offering (IPO) at $18 apiece, above its target range, to raise about $864 million. Petco, which is owned by the Canada Pens...
January 14, 2021
(This Jan 14 story, corrects amount raised in headline and first paragraph to $864 mmillion from $816 million)
January 14, 2021
2 Min Read (Reuters) - Shares of Petco Health and Wellness Co Inc jumped as much as 72.7% in their market debut on Thursday, giving the U.S. pet supplies retailer a market capitalization of $6.81 billion. Slideshow ( 4 images ) The companyโs shares opened at $26, 44.4% above its initial public offering (IPO) price of $18 per share. Petco offered 48 million shares and raised $864 million in its IPO as it cashed in on a pandemic-driven surge in pet adoptions and spending on pet care. The debut ...
January 14, 2021
NEW YORK (AP) โ Petco, the pet store chain, went public again Thursday, hoping to cash...
January 14, 2021
Petco soars 73% in first day of trading after raising $817 million Matthew FoxJan 15, 2021, 00:50 IST AP Photo/Tony Dejak The pet-centric retailer raised $817 million in its IPO debut after its shares priced at $18. The IPO frenzy has continued into 2021 following the trading debut surges of Affirm and PoshMark. Petco soared in its first day of trading on Thursday, leaping as much as 72% in initial trades after raising $817 million in proceeds. The company priced its IPO at $18 per share and s...
January 14, 2021
NEW YORK (AP) โ Shares of Poshmark Inc. soared in their debut trading in the public...