July 19, 2024

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By Sophia Kunthara,

Project management company Monday.com saw its stock close at $178.87 on Thursday, 15 percent above its initial public offering price.

The Tel Aviv-based company, which was founded in 2012, priced its shares at $155 apiece on Wednesday night, above the range of $125 to $140 it had set. Monday.com raised about $574 million through its IPO, and its stock opened at $171.52 on Thursday.

Monday.com reported $161 million in revenue in 2020, more than double the $78 million in revenue it generated in 2019, per its F-1 filing. The company’s losses also spiked in that time period, going from $91.6 million in 2019 to $152.2 million in 2020. Monday.com has more than 127,000 total customers, including...


By Gené Teare,

Product intelligence platform Amplitude went public today via a direct listing. Nasdaq had set the reference price at $35, which valued the company around $4.5...


By Gené Teare,


Shares of money transfer company Remitly closed up more than 12 percent in their first day of trading on the Nasdaq on Thursday.

The Seattle-based...


By Janice Bitters Turi,

Salad-slinging restaurant chain Sweetgreen is set to start trading on the New York Stock Exchange Thursday, following an IPO that company leaders hope...


By Zhiyuan Sun,

Although privacy coins grant users unparalleled protection for their personal information, some fear they can easily be used for illicit purposes.

In an...

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