Friday, August 14, 2020

Boston-based Duck Creek Technologies, a software provider for insurers, climbs 48% in trading debut after raising $405M in IPO, valuing the company at $5.2B (Crystal Tse/Bloomberg)

Crystal Tse / Bloomberg:
Boston-based Duck Creek Technologies, a software provider for insurers, climbs 48% in trading debut after raising $405M in IPO, valuing the company at $5.2B  —  Duck Creek Technologies Inc., a software provider for insurers, climbed 48% in its trading debut after raising $405 million …



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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...