Confluent Inc, a real-time event streaming platform, on Tuesday made public its plans for a stock market flotation, in what has been a busy year for new issues in the United States.
By Reuters Staff
2 Min Read
(Reuters) - Keypath Education International Inc slumped as much as 8.4% in its Australian market debut on Wednesday, the latest Macquarie-led initial public offering (IPO) to underperform after its listing.
Shares of the Chicago-based company that offers online educational courses for universities were down as far as A$3.40, before recouping some ground to trade at A$3.5 still around 5.7% below its IPO price of A$3.71.
The IPO was seen by some as a test for Macquarie after it and Morgan Stanley brought Nuix Ltd to the market in December to a stellar debut, only for the software provider to now trade at less than half its IPO price following a second downgrade to revenue forecasts.
Digital music company Believe, which scouts out singers and helps them to launch online, on Tuesday said it had set the price range for its initial public offering (IPO) in Paris at 19.50 to 22.50 euros per share.
Israeli work management company monday.com is aiming for a valuation of more than $6 billion in its U.S. initial public offering, according to a regulatory filing on Tuesday.