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IHRT News

Why Direct Listings Are Fake IPOs

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The Hijacking of the IPO Market Part 5   Are IPOs Obsolete?   The US IPO is a time-tested process of financial review, disclosure, marketing to investors, evaluation by investors and price discovery....read more

US IPO Weekly Recap: Medallia tops a 9-IPO week with a 76% first day return

MDLA

Nine companies entered the public market this week, led by customer experience software provider Medallia (MDLA) with a first day pop of 76%. The software company priced at $21, well above the range, to raise $326 million at a fully...read more

iHeartMedia completes Nasdaq direct listing

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iHeartMedia, a restructured radio station operator with the US's largest footprint, completed its direct listing on the Nasdaq on Thursday. iHeartMedia now trades under the symbol IHRT; it had previously been listed on the OTC Pink under the symbol IHTM....read more

US IPO Week Ahead: Large foreign filers and a US unicorn lead 10-deal week

AFYA

July's post-holiday flood of IPOs is upon us, with nine diverse offerings and a direct listing scheduled for the second-most active week of the year. The three largest IPOs come from Asia, Europe, and South America, but based on the strong reception of recent...read more