initial public offerings (IPOs) trading on American exchanges

Saturday, September 10, 2022

Chobani withdraws plan for IPO

Chobani is withdrawing plans for an initial public offering, according to a regulatory filing on Friday.
The food and beverage company filed in November to go public on the Nasdaq using the ticker “CHO.”
It’s been a rocky year for the stock market, leading to a drought of IPOs.

Reuters reported the yogurt maker was seeking a valuation of more than $10 billion.

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