Corporate travel and expense company Navan on Wednesday priced its initial public offering at $25 per share, within its marketed range of $24 to $26 per share, raising about $923.1 million and reinforcing a strong momentum for fresh flotations.The Palo Alto, California-based firm sold 30 million shares to rai

Navan's shares were indicated to open 7 per cent above their initial public offering price on Thursday, after the travel technology company raised $923 million and successfully navigated a U.S. government shutdown. Momentum in the U.S. IPO market, which had picked up pace in the second half of the year after

Navan is set to make its Nasdaq debut later on Thursday, after the travel technology company raised $923 million in its listing and successfully navigated a U.S. government shutdown to go public. Momentum in the U.S. IPO market, which had picked up pace in the second half of the year after a years-long lull,

Navan's shares started trading 12 per cent below their initial public offering price on Thursday, as the travel technology company faced choppy market conditions amid a prolonged U.S. government shutdown.Momentum in the U.S. IPO market, which had picked up pace in the second half of the year after a years-lon

Navan shares tanked by 20% after the corporate travel and expense management software startup went public on the Nasdaq in a resurgent year for IPOs.