After a shortened holiday week that saw only one large public listing, the week of June 7 heats up with numerous listings across several different sectors. These include several companies that work with some of the leading technology companies and a couple of Chinese companies going public in the U.S.
Here is a look at the top offerings of the week.
Cathie Wood-led Ark Investment Management on Thursday shed 162,840 shares, worth about $33.6 million, in Alibaba Group Holding (NYSE: BABA) after the company posted its first operating loss as a listed company, as a record regulatory fine it was
Cathie Wood-led Ark Investment Management on Wednesday snapped up millions of shares of the New York-based software automation company UiPath Inc (NYSE: PATH) on the day that it made its trading debut.