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Playtika Holding, the biggest IPO so far in 2021, went public Friday after pricing its offering above the level it had told investors to expect. Driven Brands also listed as well.
Shares of Playtika (ticker: PLTK) opened at $33.40 and hit a high of $36.06. The stock closed Friday at $31.62, up 17.1%.
The solid showing came after Playtika,.
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Playtika, 2021’s Biggest IPO So Far, Rises Nearly 17%
Playtika Holding, the biggest IPO so far in 2021, went public Friday after pricing its offering above the level it had told investors to expect.
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Affirm Holdings Inc. s stock almost doubled in its public market debut, the latest multibillion-dollar technology company to start trading significantly higher than its initial public offering price.
Shares of the San Francisco company, which provides installment loans to online shoppers, closed up 98% at $97.24 in New York trading after rising as much as 110% earlier Wednesday. The company sold 24.6 million shares at $49 each in Tuesday’s IPO to raise $1.2 billion, pricing the stock above a range that had already been increased.
Affirm closed Wednesday with a market value of more than $23 billion. The company has a fully diluted valuation of almost $30 billion, including options and restricted stock units, according to Bloomberg calculations.
Affirm shares almost double in debut after US$1.2B U.S. IPO
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Affirm Holdings Inc. almost doubled in its public market debut, the latest multibillion-dollar technology company to start trading significantly higher than its initial public offering price.
Shares of the San Francisco-based company, which provides installment loans to online shoppers, closed up 98 per cent to US$97.24 in New York trading after rising as much as 110 per cent earlier Wednesday. The company sold 24.6 million shares at US$49 each in Tuesdayâs IPO to raise US$1.2 billion, pricing the stock above a range that had already been increased.