CoreWeave stock slumps on 2nd day after IPO
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In September 2024, Newsmax filed for its IPO with the SEC identifying early 2025 as the company’s window for pricing. On Friday, Newsmax raised $75 million with the IPO with the offering price of $10 per for a float of 7.5 million shares.
Still, the IPO market holds promise due to a strong backlog of mature and high-quality private businesses eager for public exits. That being said, we’re here with a list of the 12 best IPO stocks to buy in 2025.
Narratives surrounding CoreWeave's upcoming IPO are echoing that of Snowflake. CoreWeave is not only the first major IPO for an AI unicorn in recent years, but a successful public debut could also set the stage for a flood of high-profile private technology companies yearning to hit the public exchanges.
CoreWeave's debut has been eagerly awaited by investors as a sign of the strength of the AI trade as well as the appetite for new IPOs.
Rithm Property Trust's RPT-C preferred stock offers a 9.875% fixed dividend until 2030, then a floating rate based on SOFR. Read more to see my recommendation.
Shares of Newsmax Inc. have surged more than 700% during their first day of trading on the New York Stock Exchange, in a chaotic debut that drew comparisons to the meme stock rallies of recent years and left the conservative media outlet with a market capitalisation close to US$9 billion.