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Stock impact report

This Fintech Was Just Valued at $65 Billion. Could It Become 1 of 2024's Largest IPOs? [Yahoo! Finance]

PayPal Holdings, Inc. (PYPL) 
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
Company Research Source: Yahoo! Finance
offerings (IPOs). Then, the Federal Reserve began to hike interest rates aggressively to tame inflation, geopolitical uncertainty picked up, and declining markets kept many privately held companies on the sidelines. After a long lull, conditions have become more favorable for companies making their public debut. The S&P 500 has hit all-time highs multiple times this year, confirming the bull market in stocks that began in October 2022. In addition, the Renaissance IPO ETF , an index of the largest IPO stocks in recent years, is up 63% since the start of last year. One intriguing fintech on my radar for going public is Stripe . The company first explored an IPO in 2021, but it put these plans on the back burner and raised money privately instead. Now that conditions are improving, could Stripe become one of 2024's biggest IPOs? Here's what we know about the fintech and where it could go from here. Stripe has contributed to e-commerce's explosive growth Chances are you've used Show less Read more
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