January 20, 2022

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All Articles

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By Christine Hall,

Shares of Marqeta, an Oakland-based modern card issuing platform, popped on the first day of trading Wednesday, closing at $30.52 per share, up 13 percent from opening price of $27. Marqeta is listed on the Nasdaq Global Select Market under the symbol MQ.

Marqeta now has a market value of $17.3 billion, according to Yahoo, which is based on 586 million of outstanding shares.

The company filed in May to go public via an initial public offering. Since its inception in 2010 by Jason Gardner, Marqeta has raised a total of $528 million in known venture capital, according to Crunchbase data. Its last disclosed round in May 2020 valued the company at $4.3 billion.

Vidya Peters...

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By Sophia Kunthara,

Shares of data streaming platform Confluent closed at $45.02 on Thursday, or 25 percent above their IPO price on their first day of trading.

The Mountain...

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By Sophia Kunthara,

 

Digital adoption platform WalkMe closed at $28.81 on Wednesday, 7 percent below its IPO price.

The Israel-based company raised $287 million through...

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By Joanna Glasner,

Ever since COVID-19 began its global spread, startups have been working on ways to provide more accurate, convenient, or lower-priced tests to detect the virus. Now that several...

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By Sophia Kunthara,

Chinese ride-hailing company Didi Chuxing has filed to go public in the United States.

Didi is more or less the Uber of China. In fact, the company...

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