Investors rush into India’s National Stock Exchange IPO at valuation multiple above Nasdaq

Investors rush into India’s National Stock Exchange IPO at valuation multiple above Nasdaq

The $2.3 billion initial public offer of shares in India’s National Stock Exchange has received a frenzied response from investors, drawing bids worth more than $10 billion despite its hefty price-to-earnings multiple, which values it above several U.S. stock exchange businesses such as Nasdaq. Driven by strong demand from institutional and high-net-worth buyers, the NSE…

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SpaceX set for the Moon, Mars and Nasdaq

SpaceX set for the Moon, Mars and Nasdaq

SpaceX’s blockbuster listing will be the biggest the world has ever seen. (Graphic by Nicola Mawson with official images) Set to be the biggest listing in the US – and the world – when it makes its debut on the Nasdaq on 12 June, SpaceX is targeting a valuation of close on $2 trillion, in…

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