Your email has been successfully added to our mailing list.

×
-0.000108506944444577 0.000151909722222061 0.000683593749999949 0.000423177083333311 -0.00499131944444457 -0.00516493055555566 -0.0066189236111111 -0.00716145833333341
Stock impact report

Marex Group, Shareholders Seek Up to $323 Million in US IPO [BNN Bloomberg (Canada)]

Barclays PLC (BCS) 
Company Research Source: BNN Bloomberg
The financial services platform and the selling shareholders plan to market a total of 15.4 million shares for $18 to $21 each, according to a filing Monday with the US Securities and Exchange Commission. ION Investment Corp. has indicated an interest in purchasing as much as $50 million worth of shares at the IPO price, the filing shows. At the top of that range, Marex Group would have a market value of nearly $1.5 billion, according to data compiled by Bloomberg. Marex Group, best known for its commodities business, is one of the largest dealers on the London Metal Exchange. The company said in December it had filed confidentially to go public in New York, after pulling plans for a £115 million ($145 million) London IPO in 2021 due to insufficient demand. The move to New York is another blow for the British market, which has lost several big listings to US exchanges, most notably semiconductor designer Arm Holdings Plc's $5.23 billion offering in September. Read More: Futur Show less Read more
Impact Snapshot
Event Time:
BCS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BCS alerts
Opt-in for
BCS alerts

from News Quantified
Opt-in for
BCS alerts

from News Quantified