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Stock impact report

Insurer Bowhead Raises $128 Million in Upsized, Above-Range IPO [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
Most Read from Bloomberg These Flight Routes Suffer the World's Worst Turbulence Nvidia Rallies Anew After Rosy Forecast Shows AI Boom Is Strong Citi Trader Got 711 Warning Messages Before Sparking Flash Crash One Dead After Singapore Air Flight Hit By Severe Turbulence Bowhead sold more than 7.5 million shares for $17 each on Wednesday, according to a statement. It had marketed about 6.7 million for $14 to $16 each. At the IPO price, Bowhead has a market value of more than $500 million based on the outstanding shares listed in its filings with the US Securities and Exchange Commission. Bowhead had net income of $25 million on $283 million of revenue in 2023, compared with net income of $11 million on revenue of $188 million a year earlier, according to the filing. The company, which describes itself as a remote-friendly organization, had 216 employees across the country as of March 31. Chief Executive Officer Stephen Sills founded Bowhead in 2020 to focus on underwri Show less Read more
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