August 17, 2022

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All Articles

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By Sophia Kunthara,

Electric vehicle maker Rivian closed out its first day of trading at 29 percent above its initial public offering price, after an upsized IPO. The company raised around $12 billion through its IPO after pricing its shares at $78 apiece, above its previously stated range of between $72 and $74.

Rivian’s IPO is the largest of the year—no small feat for a basically pre-revenue company going public in a busy market. But Rivian’s deal with Amazon gives it a boost, as the e-commerce giant not only invested capital in Rivian, but pre-ordered 100,000 Rivian trucks.

Rivian’s partnership with Amazon likely fueled investor enthusiasm for the IPO, according to Patrick Healey, founder and...

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By Janice Bitters Turi,

Online learning platform Udemy is expected to start trading on the Nasdaq Friday in an IPO that could raise more than $400 million.

The San...

truth

Authored by Monica Showalter via AmericanThinker.com,

Has CBS skidded down to straight-opinion activism? Sure looks like it.

On April 2, they came out with a supposedly straight-news article...

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