Accelevation

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Markets, IPOs & Wealth Just now (07:34 PM IST)

Accelevation Debuts at $3.9 Billion as Nasdaq Shares Slip Below IPO Price

AI infrastructure company Accelevation entered the public market with a valuation of about $3.9 billion after raising $540 million in a closely watched Nasdaq debut. Shares opened below the $18 offer price, underscoring the fragile state of the U.S. IPO market even for companies tied to the artificial intelligence buildout.

By RDU Global Wire5 min read

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New Delhi(1)Nasdaq(1)India(1)