Slack Technologies Inc. (NYSE: WORK) went public on Thursday at a reference price of $26. The stock opened at $38.50, 48% above the reference price. It is currently trading at $37.55, 42% ahead of its reference price. Let’s look at some popular names that went public this year and where they stand now.
Uber
Uber Technologies Inc. (NYSE: UBER) went public in May at an offer price of $45. The stock is currently trading at $43.92, down 4% from the offer price. The company has a market cap of $73.3 billion.
Lyft
Uber’s rival Lyft Inc. (NASDAQ: LYFT) went public in March at an offer price of $72. The ride-hailing service’s shares are now trading at $63.95, down 12% from its offer price. Lyft has a market valuation of $17.7 billion.
Pinterest Inc. (NYSE: PINS) had its IPO in April and the company’s offer price was $19. The stock is trading at $27.79, 42% above its offer price. Pinterest has a market cap of $14.8 billion.
Chewy
Chewy Inc. (NYSE: CHWY) went public last week with an offer price of $22. Shares are now trading at $32.20 per share, 45% above that number.
CrowdStrike
CrowdStrike Holdings Inc. (NASDAQ: CRWD) also held its IPO last week at an offer price of $34. The stock is currently trading at $69.10, 102% above that figure.
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and
