IPO
SPAC Boom Propels EV Makers to Public Markets
The Lucid Motors Air prototype electric vehicle stands at the company's headquarters in Newark, Calif., in August 2020. (David Paul Morris/Bloomberg News)
Until June last year, Tesla Inc. was the only dedicated electric carmaker based in the U.S. on the stock market. Then special purpose acquisition companies took over Wall Street.
January 22, 2021Delivery Startup DoorDash to Seek Up to $2.8 Billion in IPO
Gabby Jones/Bloomberg News
DoorDash Inc., the biggest U.S. food delivery company, is seeking to raise as much as $2.8 billion in an initial public offering that’s part of an end-of-year U.S. listings rush.
November 30, 2020Trash Hauler GFL Slides on Trading Debut Amid Market Turmoil
A GFL Environmental garbage truck prepares to drop off a load of waste at a transfer station in Toronto on Oct. 24, 2019. (Cole Burston/Bloomberg News)
GFL Environmental Inc. fell in its trading debut after raising $1.425 billion in the largest Canadian initial public offering in almost six years.
March 3, 2020VW’s Traton IPO to Raise $1.8 Billion, Pricing at Low End
Mikael Sjoberg/Bloomberg News
Volkswagen AG raised 1.55 billion euros ($1.8 billion) selling a stake in its truck business, but only after pricing the offer at the low end of a target range to attract investors to one of Europe’s biggest initial public offerings this year.
June 27, 2019VW’s $18.6 Billion Truck IPO to Test CEO’s Overhaul Plan
Krisztian Bocsi/Bloomberg News
Volkswagen AG valued its heavy-trucks business at as much as $18.6 billion in a planned initial public offering that will test CEO Herbert Diess’ ambition of overhauling the carmaking behemoth.
June 14, 2019VW Advances Truck Unit IPO Despite Shaky Stock Market, Trade Woes
Freight trucks manufactured by MAN SE and Scania AB stand on display. (Krisztian Bocsi/Bloomberg News)
Volkswagen AG set plans to list its heavy-truck division Traton SE in Frankfurt, Germany, and Stockholm, moving forward with one of the year’s largest European public offerings despite a wobbly stock market and a swirling trade war between China and the United States.
June 4, 2019VW Stock Gets Boost From Planned IPO of Heavy-Truck Division
A Traton International LT A26 haulage truck. (Krisztian Bocsi/Bloomberg News)
Volkswagen AG shares climbed the most in two weeks after the German automaker revived plans for a partial offering of its Traton SE heavy-truck division and said it may dispose of two noncore businesses.
May 14, 2019Uber’s Conservative IPO Valuation Faces Public Market Test
Michael Nagle/Bloomberg News
Uber Technologies Inc. took a conservative approach to its initial public offering May 9, picking a share price toward the bottom of the marketed range and at a valuation below its last private funding round.
May 10, 2019Lyft Gets First Buy Rating Ahead of IPO Amid Market Share Gains
Patrick T. Fallon/Bloomberg News
Lyft Inc. received an encouraging sign from Wall Street March 20, winning its first buy rating more than a week before shares start trading.
March 20, 2019Lyft Aims for Valuation Near $20 Billion in Biggest US IPO
Patrick T. Fallon/Bloomberg News
Lyft Inc. is seeking to raise as much as $2.1 billion in its initial public offering, valuing the firm at almost $20 billion.
March 18, 2019