A crop of IPOs are coming, starting with chip designer Arm, which is making its debut on Thursday. It's another sign of confidence in markets — and the U.S. economy.
"We are serving a primal need of all human beings," Birkenstock's CEO writes to prospective shareholders. "We are a footbed company selling the experience of walking as intended by nature."
State and federal regulators have launched numbers probes of the popular stock trading app, just as it hopes institutional investors and its own users will buy up its stock.
The brand, which evolved into a symbol of rebellious youth culture and is worn by celebrities, has thrived during the pandemic. Dr. Martens sells over 11 million pairs a year in 60-plus countries.
Special purpose acquisition companies, or SPACs, are exploding in popularity. They allow companies to go public without all the hoops of an initial public offering.
The initial public stock offering of the Chinese financial company Ant Group, which would have been the world's largest stock offering of all time, has been put on hold.
"This marks the first time Airbnb has taken affirmative steps to initiate legal proceedings against a booking guest for throwing an unauthorized party," the company said.
