Ibotta shares surge on ‘overwhelming demand’ after IPO generates more than $577 million
The year’s biggest IPO so far still belongs to Amer Sport, the maker of Wilson tennis racquets, which raised $1.37 billion in February, according to data from Dealogic. Next week, Rubrik, a Microsoft-backed cloud data security provider, is scheduled to make its debut on the NYSE in a deal that could raise as much as $713 million.