A New Number One

Author: Matt Reese   Date:

Saudi Aramco had its long-awaited initial public offering (IPO) last week debuting on the Tadawul, Saudi Stock Exchange at a valuation of $1.88 trillion.  Aramco’s public debut made it the world’s largest IPO ever, toppling the previous record holder Alibaba in 2014 when they raised $25 billion.  When the market closed today in the capital […]

Read More

Uber IPO

Author: Pam Corn   Date:

This evening the world’s largest ride hailing giant, Uber will price its initial public offering just ahead of its Friday trading debut.  Analysts predict the valuation of the IPO will be between $80.5 billion to $91.5 billion.  Uber has stated there will be 1,676,959,021 shares outstanding after the IPO which would suggest a price range […]

Read More