stitchie
2021-11-05
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Personal finance firm NerdWallet spikes 48% on its first day of trading
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With 64.7 million shares expected to be outstanding after the deal, the company's valuation is $1.2 billion.</p>\n<p>The stock is trading on Nasdaq later Thursday under the ticker \"NRDS.\" Morgan Stanley was lead underwriter in a syndicate of eight banks.</p>\n<p>San Francisco, California-based NerdWallet was founded to operate at the intersection of financial service providers and consumers by providing consumers with information about financial offerings.</p>\n<p>Management is headed by founder, Chairman and CEO Tim Chen, who has been with the firm since inception and was previously an Investor at JAT Capital Management and Perry Capital.</p>\n<p>The company essentially provides financial service providers with leads to interested app users and generates revenue on a per action, per click, per funded loan or per lead basis.</p>\n<p>NerdWallet has received at least $185 million in equity investment from investors including Innovius Capital, Institutional Venture Partners, RRE Ventures, and iGlobe Partners.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Personal finance firm NerdWallet spikes 48% on its first day of trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPersonal finance firm NerdWallet spikes 48% on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-04 23:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of personal finance website NerdWallet Inc. soared 48% in their trading debut Thursday, after the company's initial public offering priced at $18 a share, the midpoint of its proposed $17 to $19 range.</p>\n<p>The company sold 7.25 million shares to raise $130.5 million. With 64.7 million shares expected to be outstanding after the deal, the company's valuation is $1.2 billion.</p>\n<p>The stock is trading on Nasdaq later Thursday under the ticker \"NRDS.\" Morgan Stanley was lead underwriter in a syndicate of eight banks.</p>\n<p>San Francisco, California-based NerdWallet was founded to operate at the intersection of financial service providers and consumers by providing consumers with information about financial offerings.</p>\n<p>Management is headed by founder, Chairman and CEO Tim Chen, who has been with the firm since inception and was previously an Investor at JAT Capital Management and Perry Capital.</p>\n<p>The company essentially provides financial service providers with leads to interested app users and generates revenue on a per action, per click, per funded loan or per lead basis.</p>\n<p>NerdWallet has received at least $185 million in equity investment from investors including Innovius Capital, Institutional Venture Partners, RRE Ventures, and iGlobe Partners.</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NRDS":"NerdWallet"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141767572","content_text":"Shares of personal finance website NerdWallet Inc. soared 48% in their trading debut Thursday, after the company's initial public offering priced at $18 a share, the midpoint of its proposed $17 to $19 range.\nThe company sold 7.25 million shares to raise $130.5 million. With 64.7 million shares expected to be outstanding after the deal, the company's valuation is $1.2 billion.\nThe stock is trading on Nasdaq later Thursday under the ticker \"NRDS.\" Morgan Stanley was lead underwriter in a syndicate of eight banks.\nSan Francisco, California-based NerdWallet was founded to operate at the intersection of financial service providers and consumers by providing consumers with information about financial offerings.\nManagement is headed by founder, Chairman and CEO Tim Chen, who has been with the firm since inception and was previously an Investor at JAT Capital Management and Perry Capital.\nThe company essentially provides financial service providers with leads to interested app users and generates revenue on a per action, per click, per funded loan or per lead basis.\nNerdWallet has received at least $185 million in equity investment from investors including Innovius Capital, Institutional Venture Partners, RRE Ventures, and iGlobe Partners.","news_type":1},"isVote":1,"tweetType":1,"viewCount":311,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/846303266"}
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