Chipmaker GlobalFoundries Falls in Stock Market Debut

2021-10-28 10:10:43 Chipmaker GlobalFoundries GFS made its stock market debut Thursday on the Nasdaq Global Market at $44.50 a share, 5% lower than its initial public offering price of $47. Shares of the Malta, N.Y., company at last check fell 4.2% to $45.04. GlobalFoundries trades under the ticker symbol GFS. Its IPO of 55 million shares was priced […]

New IPOs Racing Back to Market With $7.8 Billion of Stock Sales

2021-10-13 12:18:00 (Bloomberg) — Newly public companies and their top shareholders are racing back to the U.S. equity market at the fastest pace this year. Companies that staged initial public offerings in 2021 and their shareholders have sold another $7.8 billion of stock across 28 deals, with $4.4 billion coming since Labor Day, according to […]