Poshmark closed its first trading day soaring 141%.
The secondhand-goods marketplace is the latest e-commerce site to tap the buoyant initial public offering market, while the pandemic squeezes brick-and-mortar retailers.
Chinas latest salvo against one of its most well-known technology giants could portend a more perilous regulatory regime for others in the industry as well.
Shares in one of Chinas top telemedicine providers surged on their Hong Kong debut, reflecting how Chinese technology companies have reinvigorated the citys stock market.
The extraordinary move to suspend the $34 billion initial public offering of Ant Group, the online-finance operation carved out of Alibaba, caps a tug of war between billionaire Jack Ma and Chinas top regulators.
The financial-technology company part-owned by Alibaba Group is set to raise at least $34.4 billion through dual listings in Shanghai and Hong Kong.
What are investors buying in the worlds largest initial public offering?