Initial public offerings

FILE - This Sept. 15, 2019 file photo, shows storage tanks at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia. Saudi Arabia's state-owned oil company Aramco on Thursday, Dec. 5, 2019, set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. (AP Photo/Amr Nabil, File)
December 09, 2019 - 12:02 pm
RIYADH, Saudi Arabia (AP) — Saudi Arabia is expected to set a new record for the largest stock flotation in history on Wednesday with the sale of part of Aramco, the state-owned oil company valued at $1.7 trillion. The offering's success is crucial to the ambitious plan by Crown Prince Mohammed bin...
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FILE - In this Nov. 3, 2019, file photo, a man walks past a compound for Saudi Aramco in Jiddah, Saudi Arabia. Saudi Arabia's state-owned oil company Aramco on Thursday, Dec. 5, set a share price for its IPO, that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. (AP Photo/Amr Nabil, File)
December 05, 2019 - 3:07 pm
DUBAI, United Arab Emirates (AP) — Saudi Arabia's state-owned oil company Aramco on Thursday set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. The company said it will sell its shares at 32 riyals ($8...
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FILE - This Oct. 15, 2019, file photo shows a WeWork logo at the entrance to one of their office spaces in the SoHo neighborhood of New York. WeWork is slashing nearly 20% of its work force in the wake of its failed stock market debut. The shared-office company said it has laid off 2,400 of its approximately 12,500 employees to “create a more efficient organization.” (AP Photo/Mary Altaffer, File)
November 21, 2019 - 2:54 pm
NEW YORK (AP) — WeWork is slashing nearly 20% of its workforce, embarking on a painful restructuring of its money-losing operation that doomed its stock market debut and left the office-sharing company on the brink of bankruptcy. WeWork said it has laid off 2,400 of its approximately 12,500...
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FILE - In this May 27, 2016, file photo, a woman rides a bike past the company logo outside the Alibaba Group headquarters in Hangzhou, in eastern China's Zhejiang province. The Chinese e-commerce giant Alibaba has raised about $11 billion in a share offering in Hong Kong, the city’s biggest offering since 2010. Alibaba said Wednesday that it has set the price for the offering at 176 Hong Kong dollars ($22.50) per share. (AP Photo/Ng Han Guan, File)
November 20, 2019 - 9:53 pm
BEIJING (AP) — The Chinese e-commerce giant Alibaba has raised at least $11 billion in a share offering in Hong Kong, netting the city’s biggest offering since 2010 despite recent political turmoil. Alibaba on late Wednesday set the price for the secondary share offering at 176 Hong Kong dollars ($...
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FILE - In this Oct. 14, 2019 file photo, Saudi Arabia's King Salman attends the official welcome ceremony for Russian President Vladimir Putin in Riyadh, Saudi Arabia. On Wednesday, Nov. 20, 2019, Salman touted his country’s reforms in his annual address and stressed the importance of his government’s decision to publicly list shares of the state-run oil giant Aramco. King Salman also commended a decision to grant tourist visas, describing the move as a way to attract investments and showcase Saudi heritage and culture. (AP Photo/Alexander Zemlianichenko, Pool, File)
November 20, 2019 - 11:27 am
RIYADH, Saudi Arabia (AP) — Saudi King Salman touted his country’s reforms in his annual address Wednesday and stressed the importance of his government’s decision to publicly list shares of the state-run oil giant Aramco. He also used his speech to warn rival Iran against further aggressions. Two...
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FILE this Sept. 30, 2019 file photo shows a WeWork sign on a building in New York. WeWork says it will close its elementary school in New York next year, as the office-sharing company grapples with a cash crunch following its botched attempt to sell its stock on Wall Street. The company said Friday, Oct. 11, 2019 it will close the “WeGrow” school in Manhattan at the end of the 2019-2020 school year. (AP Photo/Mark Lennihan, File)
October 11, 2019 - 4:41 pm
NEW YORK (AP) — WeWork will close the school it opened last year in New York with the lofty goal of promoting "conscious entrepreneurship" as the office-sharing company retrenches following its botched attempt to sell its stock on Wall Street. The "WeGrow" elementary and preschool in Manhattan will...
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A WeWork sign hangs on a building, Monday, Sept. 30, 2019, in New York. WeWork says it is withdrawing its initial public offering less than a week after its controversial CEO stepped aside from the troubled company. (AP Photo/Mark Lennihan)
September 30, 2019 - 5:49 pm
NEW YORK (AP) — WeWork's new leaders shelved plans to enter the stock market Monday as they sought to repair the battered image of a company that appeared to revolutionize the office-rental industry and was poised just weeks ago to go public with a valuation of nearly $50 billion. The decision came...
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The letters with the name of German tech company Teamviewer, a maker of the eponymous screen sharing and conferencing software, is displayed in front of the exchange in Frankfurt, Wednesday, Sept. 25, 2019. Teamviewer has made the biggest initial public offering for a German tech company since the dot-com boom. Andreas Arnold/dpa via AP)
September 25, 2019 - 4:57 am
BERLIN (AP) — Teamviewer, the maker of the eponymous screen-sharing and conferencing software, has held the biggest initial public offering for a German tech company since the dot-com boom. Shares in Teamviewer began trading at 26.25 euros ($28.88) on the Frankfurt exchange Wednesday, valuing the...
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FILE - In this Tuesday, Jan. 16, 2018, file photo, Adam Neumann, co-founder and CEO of WeWork, attends the opening bell ceremony at Nasdaq, in New York. Some members of the WeWork board are unhappy with its leadership and plan to push WeWork CEO Adam Neumann to give up that title, according to media reports. (AP Photo/Mark Lennihan, File)
September 24, 2019 - 5:38 pm
WeWork's charismatic but controversial CEO is stepping aside from the communal office-space company he founded, another moment of reckoning between the fast-growing startup and its disenchanted investors. The New York-based company said Tuesday that Adam Neumann will be replaced by two co-CEOs:...
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FILE - In this Feb. 22, 2018, file photo, Airbnb co-founder and CEO Brian Chesky speaks during an event in San Francisco. Home-sharing company Airbnb Inc. says it will go public in 2020. It’s a long-awaited move for the company, which was founded in 2008 in San Francisco. (AP Photo/Eric Risberg, File)
September 19, 2019 - 11:12 am
NEW YORK (AP) — Home-sharing company Airbnb Inc. said Thursday it plans to go public in 2020. It's a long-awaited move for the San Francisco company, which was founded in 2008 by Brian Chesky and Joe Gebbia, who needed some extra cash so they put air mattresses on their apartment floor and charged...
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