XP News
Archived Headlines
- Money moves: Brazilian brokerage XP sets terms for $1.7 billion US IPO 12/02/19
- US IPO Week Ahead: Saudi Aramco attempts largest-ever global IPO as US market preps for December blitz 11/29/19
- US IPO Weekly Recap: NASH biotech jumps 69% as multi-billion dollar companies join the pipeline 11/15/19
- Fast-growing Brazilian brokerage XP files for an estimated $1 billion US IPO 11/15/19
Renaissance Capital's 2019 US IPO Market Review
2019 IPO Market: Better Than the Headlines The long-awaited debuts of mega unicorns Uber and Lyft were mega busts, capped off by WeWork’s kamikaze IPO attempt in September. But beyond...read more
US IPO Weekly Recap: Investors foot the bill as Bill.com climbs 77%
Five IPOs and three SPACs raised a combined $3.2 billion this past week led by Bill.com (BILL) in the best debut of the quarter with a 61% first day pop. Four companies submitted initial filings. The week’s best performer,...read more
Brazilian brokerage XP prices US IPO at $27, above the range
XP, a fast-growing digital brokerage and wealth manager in Brazil, raised $2.0 billion by offering 72.5 million shares (41% secondary) at $27, above the range of $22 to $25. At $27, XP commands a market value of $14.9 billion. XP plans to list on the Nasdaq...read more
US IPO Week Ahead: The largest IPO of the 4Q, its sole US tech unicorn, and flying taxis
Five IPOs and one SPAC are scheduled to raise $2.7 billion in the week ahead, led by Brazilian brokerage XP (XP). After being virtually absent in the 4Q19, ...read more