Via, a transit technology company, is valued at $3.5 Billion as its shares drop in the NYSE debut
Via Transportation, a transit technology company, was valued at $3.5 Billion on Friday following its shares' 4.4% decline in their NYSE debut. The stock opened at $44, which is below the $46 offered price. Shareholders can be sold via the internet Sell 493 Million Dollars to raise $493 Million 10,7 millions shares priced above the range of $40-$44. Investors are reviving the U.S. IPO Market as easing tensions in trade and expectations of lower interest rates have boosted investor appetite. This has led to the busiest U.S. IPO week since 2021. Via, unlike traditional ride-hailing services, works in conjunction with
