Shares of DeepSeek's rival doubled in their debut as Chinese AI companies rush to list on the stock market, reflecting strong investor interest in the sector.
StubHub Holdings Inc. priced its IPO at $23.50 per share to raise $800 million, valuing the company at $8.64 billion, amid a strong US IPO market and ongoing regulatory scrutiny of the ticket industry. The company aims to expand into new ticket issuance and has a significant ownership stake retained by co-founder Eric Baker. The IPO is led by JPMorgan Chase and Goldman Sachs, with trading expected to start on the NYSE under the symbol STUB.
Brazilian meat giant JBS made its U.S. public debut on the NYSE at $13.65 per share, valuing the company at around $30 billion, surpassing Tyson Foods. The company, with a history of corruption scandals and a complex reorganization, finally listed after years of planning, despite opposition and regulatory hurdles, and now trades under the ticker 'JBS'.
Voyager Technologies announced the launch of its IPO, offering 11 million shares at $26-$29 each, aiming to raise funds for growth, research, acquisitions, and operational needs, with plans to list on the NYSE under the ticker VOYG.
Reddit and its investors are aiming to raise up to $748 million in its initial public offering, with plans to sell 22 million shares at a price range of $31 to $34 per share, according to Bloomberg News.