IPO Recap | Siemens, AES-backed Fluence files for IPO,Amplitude surges in debut
On the last trading day, the Nasdaq Composite Index dropped 2.83%. Dow Jones Industrial Average fell 1.63% and S&P Index slid 2.04%.
On Tuesday, there was one traditional IPO filed, while one new stock officially was listed for trading. Analytics software vendor $Amplitude (AMPL.US)$ soared 57% in its trading debut.
Fluence, founded in 2018,makes energy storage products and services besides digital applications for renewables and storage.Itwas created through a joint venture that brought together AES' Energy Storage division and Siemens' battery-based energy storage solutions group.
Fluence's offerings are used by major utilities, developers, commercial and industrial customers to deliver electric power grids in a sustainable way.
Based on the megawatts deployed by the company as of May, Fluence estimates its storage products have eliminated 145,000 metric tons of carbon per year, the equivalent of taking 30,000 cars off the road each year.
Analytics software vendor Amplitude debuted on the Nasdaq through a direct listing.It provides customer behavior analytics for digital business optimization.
The company powers some of the most-beloved and iconic consumer and B2B digital products.Amplitude serves over 30,000 teams at companies like Microsoft, Twitter, Adidas and Procter & Gamble.
Amplitude reported 66% revenue growth in the second quarter from a year earlier.
$EBET Inc (EBET.US)$ , founded in 2015, operates an online gambling platform focused on esports and competitive gaming.
It operates a licensed online gambling platform, gogawi.com, which is an esports/sportsbook focused on bettors located in Asia and Latin America.
It offers real money betting on esports events from around the world in a secure environment. It accepts wagers on major esports titles including: Counter-Strike: GO, League of Legends, Dota 2, StarCraft 2, Rocket League, Rainbow Six, Warcraft 3, King of Glory and FIFA; as well as professional sports including the National Football League, National Basketball Association, Major League Baseball, soccer and more.
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MagicZoe : Hi
NgKennykk : Nice