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Malaysian glove maker Top Glove Corp has slashed the amount it aims to raise from its planned Hong Kong listing for a second time to HKD3.68 billion ($473 million), less than a quarter of its initial target, it said in a resubmitted listing application.
Shares of Udemy Inc fell 7% in their stock market debut on Friday, fetching a valuation of $3.7 billion for the online learning firm. (Reporting by Niket Nishant and Manya Saini in Bengaluru; Editing by Shailesh Kuber)
Online learning company Udemy Inc, which has grown rapidly over the past year due to a surge in demand for online learning, was valued at $3.7 billion after its shares opened 7% below offer price in their Nasdaq debut on Friday.
Chipmaker GlobalFoundries Inc said on Wednesday it sold shares in its initial public offering (IPO) at $47 a piece, at the higher end of its targeted price range, to raise about $2.6 billion.
Malaysian glove maker Top Glove Corp has slashed the amount it aims to raise from its planned Hong Kong listing to HKD3.68 billion ($473 million), less than a quarter of its initial target, it said in a resubmitted listing application.