IPOs

IPO buys for Sofi members coming

SoFi will allow its customers to invest in initial public offerings (IPOs) of companies, an investment opportunity that has traditionally been reserved for large institutional investors, the online lender said on Friday.

Robinhood aims to allow users to buy into IPOs: sources

Robinhood Markets Inc is building a platform to “democratize” initial public offerings (IPOs), including its own, that would allow users of its trading app to snap up shares alongside Wall Street funds, according to people familiar with the matter.

WeWork discloses $3.2B loss in 2020 as it seeks SPAC deal

WeWork lost $3.2 billion last year, according to documents shown to prospective investors by the office-sharing startup as apart of a pitch for $1 billion in investment and a stock market listing, the Financial Times reported on Monday.

SPACs are the new IPO: Wilbur Ross

Former Secretary of Commerce Wilbur Ross discusses the SPAC market during an appearance on FOX Business' "Mornings with Maria."