January 27, 2022

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All Articles

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By Sophia Kunthara,

Warby Parker’s stock price popped 35 percent on its first day of trading, opening at $54.05 on Wednesday.

The eyeglass company went public through a direct listing on the New York Stock Exchange, the second major direct listing this week (following Amplitude). The company had set a reference price of $40.

As a private company, Warby Parker raised $535 million in funding from investors including Tiger Global Management, General Catalyst, Menlo Ventures and T. Rowe Price. The company last raised funding with a $120 million Series G round led by D1 Capital Partners in August 2020.

The company reported revenue of $270.5 million for the six-month period that ended...

Applovin

By Sophia kunthara,

Mobile tech company AppLovin’s stock closed at $65.20 on its first day of trading, nearly 19 percent below its IPO price.

The company’s stock opened at $70 on Thursday...

Screen-Shot-2021-10-18-at-1

By Chris Metinko,

Expense management platform Expensify officially filed its S-1 late Friday, joining the parade of enterprise tech companies going public this year.

The...

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