Marketing automation firm
Klaviyo s shares closed well below their first-day high
on Wednesday, while a slump in the stocks of Arm Holdings
and Instacart added to doubts over whether a
hoped-for.
Klaviyo, Arm, Instacart Wobble, Raising Doubts Over IPO Revival usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Klaviyo, Arm, Instacart wobble, raising doubts over IPO revival streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Shares of Arm Holdings fell for a fourth straight session on Wednesday after the chip designer's stellar market debut last week, with short seller interest picking up. Grocery delivery app Instacart went public on Tuesday and marketing automation company Klaviyo opened on Wednesday 22.5% above its IPO price. Shares of Instacart, formally known as Maplebear, were last down 5.9% at $31.71.
Arm Holdings shares extend declines, down fourth session in a row streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.