Mad Money host Jim Cramer explains why too many IPOs are not good for investors. Especially for what he calls the billion dollar unicorns.» Read More
June 17- Fitbit Inc priced its initial public offering at $20 per share on Wednesday, valuing the maker of wearable fitness tracking devices at about $4.1 billion. The company on Tuesday expected the IPO to be priced between $17 and $19 per share, for an offering of 34.5 million shares. Venture capital firm Foundry Group is the largest shareholder in San Francisco-...
June 17- Fitbit Inc, a maker of wearable fitness tracking devices, priced its initial public offering at $20 per share, valuing the company at about $4.1 billion. The company on Tuesday expected the IPO to be priced between $17 and $19 per share. Morgan Stanley, Deutsche Bank Securities and Bank of America Merrill Lynch were among the underwriters for the offering.
In Silicon Valley, where profits are elusive, FitBit's IPO prospectus shows just how much money emerging companies can actually make.
The play on Fitbit ahead of its IPO, with Charlie Anderson, Dougherty and Company.
CNBC's Kayla Tausche reports on what to expect as Fitbit is set to price their IPO.
CAIRO, June 17- One of Egypt's top dairy makers, Arabian Food Industries Co., plans an initial public offering on the Cairo bourse this year, or early in 2016, its vice CEO said. As well as Edita's IPO, cheesemaker Arab Dairy drew keen foreign interest before being bought eventually in March by Egyptian financial services firm Pioneers Holding.
Rett Wallace, Co-Founder and CEO of Triton Research, explains the difference between public and private initial public offerings (IPOs).
LUMA Partners CEO Terry Kawaja explains why investors will be mindful of FitBit's valuation ahead of its IPO.
FitBit has raised its price range for shares in its initial public offering (IPO) to $17 to $19 per share, the company said Tuesday.
Ollie's IPO filing follows the successful market debuts of retailers such as party goods chain Party City Holdco Inc and crafts marketplace Etsy Inc earlier this year. Party City's shares rose roughly 23 percent in their debut on April 16, while Etsy's shares more than doubled in their debut on the same day. Through Friday's close, Party City's shares have...
June 15- Deep discount retailer Ollie's Bargain Outlet Holdings Inc filed with U.S. regulators on Monday for an initial public offering of common stock. The Harrisburg, Pennsylvania- based company, known for the signature catch phrase "good stuff cheap," has 181 retail stores across the United States. J.P. Morgan, Jefferies, Bofa Merrill Lynch, Credit Suisse and...
SHANGHAI, June 15- China stocks fell sharply on Monday, hit by a run of bad news over the weekend, including fresh tightening of margin financing and signs of stepped-up IPO issuance. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 2.1 percent, to 5,221.17, while the Shanghai Composite Index lost 2.0 percent, to 5,062.99 points.
Dan Primack, Fortune senior editor, discusses the public offerings of tech companies and what that means for the CEOs.
CEO Charlie Morrison says the restaurant aims to open another 2,500 U.S. locations and doesn't consider Buffalo Wild Wings a competitor.
Clifton Rutledge, Bojangles CEO, discusses Bojangles' business and expectations going forward.
CNBC's Bob Pisani looks ahead at what's moving markets this morning including IPOs coming next week.
June 11- Chicken wing restaurant chain Wingstop Inc said its initial public offering was priced at $19 per share, above the expected price range, valuing the company at about $543 million. The expected price range was raised to $16- $18 per share earlier this week from $12- $14. The company plans to use the money to pay down debt and for a $3.3 million fee to end its...
June 10- 8 point3 Energy Partners LP, formed by solar companies First Solar Inc and SunPower Corp, said it expects its initial public offering to be priced between $19 and $21 per share. The offering of 20 million Class A shares is expected to raise about $420 million and value 8 point3 at about $1.49 billion at the top end of the expected price range.
June 10- 8 point3 Energy Partners LP, formed by solar companies First Solar Inc and SunPower Corp, said it expects its initial public offering to be priced between $19 and $21 per share. The offering of 20 million Class A shares is expected to raise about $420 million and value 8 point3 Energy at about $1.49 billion at the top end of the expected price range.
June 10- Pet food maker Blue Buffalo Pet Products Inc filed with U.S. regulators on Wednesday to raise up to $500 million in an initial public offering of its common stock. Wilton, Connecticut- based Blue Buffalo, which is backed by private equity firm Invus Group, makes healthy food for cats and dogs. Pet food maker Freshpet Inc's stock has risen 22 percent since it...