Actress-turned-entrepreneur Jessica Alba’s The Honest Company Inc, best known for making diapers, sunscreens and cleaning products, has raised $413 million in an initial public offering, valuing the company at $1.45 billion.
CNBC host Jim Cramer has rejected Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) chairman Warren Buffett’s advice to new retail investors to invest in index funds rather than individual stocks.
The week of May 3 has several IPOs on the docket spread across sectors like consumer products, fashion, banking, vaccines and hydroponics. Here is a look at this week’s top offerings and details investors should know.
A SPAC from New York Islanders owner Jon Ledecky and former Hearst Magazines and Cosmopolitan executive Joanna Coles is bringing BarkBox owner BARK public.