McGraw Hill notches $3.25 billion valuation in NYSE debut as shares open at par
IPO market activity has rebounded strongly following a significant setback earlier in the year caused by tariff tensions, although investors have remained selective in their investment choices.
Advent-backed consumer insights company NIQ Global's (NIQ.N), opens new tab shares dipped 3.6% in their NYSE debut on Wednesday, while a bunch of others are choosing to stay private to bypass the market uncertainty.
Meanwhile, digital bank Chime (CHYM.O), opens new tab and stablecoin issuer Circle's (CRCL.N), opens new tab shares were lapped up by investors on their respective first trading days, marking blowout debuts for both.
McGraw Hill's shares opened at $17 apiece, at par with its IPO price of $17.
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