By Ankita Bora and Arasu Kannagi Basil (Reuters) – WaterBridge Infrastructure’s shares jumped 25% in their debut on the New York Stock Exchange on Wednesday, giving the midstream water management firm a market valuation of nearly $3 billion. Shares of the Houston, Texas-based company, which is backed by private equity firm Five Point, opened at…
By Atharva Singh and Arasu Kannagi Basil (Reuters) – Legence, an engineering and maintenance service provider backed by Blackstone, debuted on the Nasdaq with a market valuation of $2.75 billion after its shares fell 3.6% on Friday. The post-Labor Day initial public offering rush is shaping up to be one of the busiest in years,…
Palantir Technologies (NASDAQ:PLTR) shares advanced on Wednesday as enthusiasm around its artificial intelligence platforms and steady flow of government contracts continued to drive momentum. The software maker, best known for its Gotham and Foundry platforms, specializes in helping organizations integrate and analyze vast datasets across defense, intelligence, and commercial sectors such as finance, healthcare, and…