Greenlane Holdings opens up 35% in IPO debut
Greenlane Holdings Inc. shares GNLN, +39.71% rocketed 35% in their trading debut Thursday, after the U.S. maker of cannabis vape hardware and accessories priced its initial public offering above its price range. Greenlane sold 6 million shares priced at $17 each to raise $102 million. Lead underwriters Cowen & Co. and Canaccord Genuity have access to an additional 800,000 shares from selling shareholders. The stock is trading on Nasdaq, under the ticker symbol "GNLN.
Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Pinterest is reportedly set to price its IPO above the expected rangePinterest is expected to price its initial public offering above the expected range, according to The Wall Street Journal.
Consulte Mais informação »
Zoom plans to price IPO at top end of range or above: SourcesZoom has already raised its price range and sources now say that the company is likely to price at the top end of that range or even higher.
Consulte Mais informação »
Zoom raises IPO price range and could now be worth almost $9 billion in debutZoom said it plans to sell shares for up to $35 to a piece, an increase from $32, the top end of its previous range.
Consulte Mais informação »
Zoom raised its IPO price range and could begin trading Thursday with $9 billion valuationThe video conferencing company Zoom is expected to start trading Thursday on the Nasdaq under ticker symbol 'ZM.'
Consulte Mais informação »
IPO market faces biggest week of 2019 so far with Pinterest, Zoom and Greenlane on tapThe initial public market is bracing for its biggest week of the year so far with eight deals on tap expected to raise $2.5 billion in proceeds.
Consulte Mais informação »
Netflix shares fall on concerns that Disney+ could steal market share by undercutting on priceDisney+ will cost $6.99 per month, while Netflix recently raised its price to $13 per mont.
Consulte Mais informação »
A $100 bln price tag still in Uber’s driving rangeThe ride-hailing app’s mega-IPO could value it at nine times revenue. That’s less than the multiple Lyft achieved, but its stock has tanked. Both firms are burning cash and face an uncertain road to profitability. Uber’s diversification may help it survive the long journey.
Consulte Mais informação »
Stocks inch toward record territory as Nasdaq trades above 8,000 pointsU.S. stocks are rising as earnings season picks up steam.
Consulte Mais informação »
Carl's Jr. will become the first major fast-food chain to debut a cannabis-infused burgerCarl's Jr. is debuting a cannabis-infused burger on 4/20.
Consulte Mais informação »
Zoom raises IPO price range, could now be worth almost $9 billion, showing investors crave profitsZoom says it plans to sell shares for up to $35 to a piece, an increase from $32, the top end of its previous range.
Consulte Mais informação »
Greenlane IPO: 5 things to know about the closest thing to a U.S. cannabis company to go public on NasdaqGreenlane Holdings Inc. plans to raise roughly $98 million through an initial public offering on the Nasdaq, which would arguably make it the closest thing...
Consulte Mais informação »