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Category: IPO

woman dips toe in water

“Test-the-Waters” Rule Lets Companies Dip a Toe in IPOs

woman dips toe in water

It has been a rough year for IPOs, as highly touted offerings keep flopping. Ride-sharing service Uber Technologies Inc. has seen its stock price fall more than 30% from the time it went public in May. The stock of Lyft Inc., meanwhile, is...

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Uber Goes Conventional with IPO Share Structure

Sunset on the ocean horizon

Remember when Uber was the ultimate example of a revolutionary business? Entrepreneurs and financial pundits could be heard describing any business with disruptive potential as “Uber, but for _____.” It got so out of hand that that a wave o...

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Spotify Tests SEC Patience with Dual-Class Shares for Stock Offering

Blurred ticker Stock Market Display in NYC

Spotify is planning a stock offering in a couple of months, and it appears that the music streaming service’s co-founders are taking their cues from Frank Sinatra’s “My Way.” Even after Spotify shares hit the market, founders Daniel Elk and...

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