IPOs

July 30, 2021

Dole’s Unripe IPO 🍓🍌

Turns out, broker-dealers and grilling companies weren’t this week’s only IPOs. Today, one of the largest produce companies in the world went public. 🌎 🍓🍌

Dole, like Robinhood, did not get a great start to its IPO. The produce giant fell over 9% today… even after delaying and downsizing its IPO. 

This isn’t the company’s first rodeo—Dole has gone public twice before, so this makes #3 for the company. This time, Dole raised $400M from its listing. 

At the close today, $DOLE was worth just over $1.3B.

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