IPO
Why this year’s biggest float has disappointed
Shares in data centre landlord DigiCo have slumped since listing, despite investor excitement over the rapid growth of AI and growing demand for data storage.
- by Simon Johanson
Latest
Exclusive
Software
‘Pretty astounding’: Canva puts the foot down as it eyes Wall Street
The Australian design software maker has ticked over $2.5 billion in annual revenue and says it has added 1000 new employees in the last year alone as it looks to shore up support from Wall Street.
- by David Swan
Join the club: The ASX hopes IPOs will heat up from next year
Marley Spoon is departing the ASX on Monday, the latest of many to depart the local bourse – but this trend looks to be turning around in 2025.
- by Jessica Yun
Opinion
Opinion
Should you join the Guzman y Gomez fiesta?
Investors should be wary of piling into initial public offerings (IPOs) because for every Nvidia, Google, Apple or Microsoft that turns out to be a big winner, there are thousands of losers.
- by William Bennett
Opinion
Aviation
The Virgin dilemma: How to catch the IPO Mexican wave
Qatar Airways is eager to become a cornerstone shareholder in Virgin, but this brings another complicated twist.
- by Elizabeth Knight
Guzman y Gomez’s sizzling $3b debut raises hopes for IPO market revival
Mexican fast-food chain Guzman y Gomez has clinched its place as the hottest float in years, soaring to a valuation of more than $3 billion on Thursday.
- by Jessica Yun and Colin Kruger
Updated
World markets
ASX flat as Guzman y Gomez shares make stellar debut
The Australian sharemarket was slightly lower on Thursday, with shares in consumer staples and healthcare companies showing weakness while financials extended recent gains.
- by Millie Muroi
Opinion
For subscribers
Can a burrito chain give the market a much-needed spice hit?
There is plenty riding on Mexican food chain Guzman y Gomez’s debut on the ASX, so set your alarm for noon on Thursday for our own Mexican wave.
- by Elizabeth Knight
Updated
Food & drink
The $2.2b takeaway deal: Guzman y Gomez fast-tracks ASX landing
The burrito chain, which has been eyeing an IPO for years, has had to pull forward its plans on the back of investor demand.
- by Jessica Yun
Opinion
Retail
Spin off and conquer: Solly Lew’s global plan for Smiggle and Peter Alexander
The retail billionaire’s end game appears to go beyond just growing these Australian businesses internationally. Rather, it is a plan to establish each as global brands.
- by Elizabeth Knight
Reddit delivers $936 million windfall for 38-year-old AI king
OpenAI CEO Sam Altman was one of many winners as Reddit soared on its Wall Street debut.
- by Michael Lietdke and Wyatte Grantham-Phillips
Original URL: https://www.smh.com.au/topic/initial-public-offering-1mx1