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IPO market set to heat up in the second quarter

This year continues to deliver bumper IPOs one after the other, as companies tap both the local and US markets to raise capital at an opportune time. In total, the Australian Securities Exchange (ASX) recorded 113 new listings last year, totalling roughly $5.2 billion. On a global scale, markets raised almost $300 billion through floats…

Ishan Dan | 14th Apr 2021 | More
The hottest sector in the market

Airbnb, one of the largest online home rental companies, made a spectacular debut on the Nasdaq last Thursday, with shares more than doubling to give a US$100 billion valuation on its first day of trade. Shares in Airbnb began trading on Thursday at US$146 per share (A$194), rising 115% above its IPO price of US$68,…

Ishan Dan | 15th Dec 2020 | More