Sustainability

Telehealth company Amwell is going public after raising $742 million in its IPO. Here are the investors and execs who stand to make the most

3 days ago   |   By Business Insider

Summary List Placement
American Well raised $742 million ahead of its public market debut, pricing at $18 a share late Wednesday.
The stock is set to start trading Thursday morning.
As the company goes public, executives including Ido and Roy Schoenberg, the company's founders and CEOs, and investors including Teva Pharmaceuticals stand to make hundreds of millions.
The IPO comes on the heels of a huge year for digital health as the coronavirus pandemic fueled Amwell and similar companies to new heights. It's only the second telehealth company to go public, following rival Teladoc's public...
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Tech tools developer JFrog leaps 62% after raising $509 million in upsized IPO

Tech tools developer JFrog leaps 62% after raising $509 million in upsized IPO

4 days ago   |   By Business Insider

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Software company Jfrog leapt 62% after raising $509 million in its upsized initial-public-offering on Wednesday. The technology tools provider, that counts the top 10 largest tech firms in the Fortune 100 as clients, priced 11.6 million shares at $44 each, valuing the company at about $5 billion. JFrog's shares began trading on the Nasdaq Global Select market under the ticker symbol "FROG" on September 16. The company's float joins a list of other hot tech IPOs this week, including billionaire-backed cloud unicorn Snowflake that raised $3.4 billion in its record-breaking software...
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Tech tools developer JFrog leaps 62% after raising $509 million in upsized IPO

Tech tools developer JFrog leaps 62% after raising $509 million in upsized IPO

4 days ago   |   By Business Insider

Summary List Placement
Software company Jfrog leapt 62% after raising $509 million in its upsized initial-public-offering on Wednesday.
The technology tools provider, that counts the top 10 largest tech firms in the Fortune 100 as clients, priced 11.6 million shares at $44 each, valuing the company at about $5 billion.
JFrog's shares began trading on the Nasdaq Global Select market under the ticker symbol "FROG" on September 16.
The company's float joins a list of other hot tech IPOs this week, including billionaire-backed cloud unicorn Snowflake that raised $3.4 billion in its...
Read more ...

 


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Trump's TikTok Deal: What Just Happened And Why Does It Matter?

Trump's TikTok Deal: What Just Happened And Why Does It Matter?

President Trump is claiming victory after blessing a deal in which Oracle and Walmart will own a stake of TikTok, but experts wonder whether the terms of the agreement will... Read more ...

Jack Ma's Ant Group raises its funding target to $35 billion, likely making...

Jack Ma's Ant Group raises its funding target to $35 billion, likely making it the largest IPO ever

Summary List Placement Jack Ma's Ant Group seeks to raise its funding target to $35 billion through its initial-public-offering, according to Bloomberg. Ant, which is Alibaba's... Read more ...

Jack Ma's Ant Group raises its funding target to $35 billion, likely making...

Jack Ma's Ant Group raises its funding target to $35 billion, likely making it the largest IPO ever

Summary List Placement Jack Ma's Ant Group seeks to raise its funding target to $35 billion through its initial-public-offering, according to Bloomberg. Ant, which is Alibaba's... Read more ...

European bank shares tumble after leaked files unveil suspicious money flows...

European bank shares tumble after leaked files unveil suspicious money flows worth over $2 trillion

Summary List Placement FinCEN investigation released on Sunday showed several banks were involved in moving more than $2 trillion worth in suspicious funds. The banks that had... Read more ...

Who's changing the world this year? The clue lies in unprecedented collaboration

Who's changing the world this year? The clue lies in unprecedented collaboration

Good morning. This morning, Fortune reveals its 2020 Change the World list -more than 50 companies that are using their corporate superpowers to address major social problems... Read more ...

Global stocks slide as France, Spain, and the UK record thousands of new...

Global stocks slide as France, Spain, and the UK record thousands of new COVID-19 cases

Summary List Placement Global stocks fell on Monday, as surging cases of COVID-19 in Europe rattled investors over the largest regional outbreak in recent weeks. Shares of... Read more ...

Walmart said it will eliminate its carbon footprint by 2040 - but not for...

Walmart said it will eliminate its carbon footprint by 2040 - but not for its supply chain, which makes up the bulk of its emissions

Summary List Placement Walmart aims to reduce its global emissions to zero by 2040, the retail giant announced on Monday - but the goal does not apply to emissions from its... Read more ...

Nikola founder Trevor Milton resigns following fraud allegations

Nikola founder Trevor Milton resigns following fraud allegations

Summary List Placement US electric truck company Nikola announced on Monday that its founder Trevor Milton is stepping down as executive chairman with immediate effect... Read more ...

What it will take to beat COVID: Some clues from our 2020 Change the World list

What it will take to beat COVID: Some clues from our 2020 Change the World list

The day before the most recent issue of Fortune magazine went to press, the Bill & Melinda Gates Foundation released its 2020 Goalkeepers Report , the philanthropy's latest... Read more ...

Arm's cofounder says Dominic Cummings should intervene in the $40 billion...

Arm's cofounder says Dominic Cummings should intervene in the $40 billion Nvidia deal: 'He's missing his chance to build a $1 trillion tech company'

Summary List Placement Hermann Hauser, cofounder of chip designer Arm, has hit out at the UK government for failing to stop Softbank's $40 billion deal to sell the company to... Read more ...