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Reuters
23-07-2025
- Business
- Reuters
NIQ valued at $6.1 billion as shares dip in NYSE debut
July 23 (Reuters) - NIQ Global's (NIQ.N), opens new tab shares fell 3.6% in their NYSE debut on Wednesday, giving the Advent-backed consumer insights company a valuation of $6.1 billion. The lukewarm reception marks a setback in an otherwise strong run for IPOs as solid equity markets and upbeat debuts had encouraged investors to look past tariff-related volatility. NIQ's stock opened at $20.25 per share, compared with the IPO price of $21 per share.
Reuters
23-07-2025
- Business
- Reuters
Advent-backed NIQ valued at $6.1 billion as shares slip in NYSE debut
July 23 (Reuters) - Advent-backed consumer insights company NIQ Global (NIQ.N), opens new tab was valued at $6.1 billion as its shares dipped 3.6% in their NYSE debut on Wednesday, marking a rare setback in an otherwise strong stretch for initial public offerings. The stock opened at $20.25 per share, compared with the IPO price of $21 per share. While strong equity markets and upbeat IPO debuts have boosted optimism among companies and investors alike, NIQ's performance highlights that investors continue to be picky. The Chicago, Illinois-based company had priced its shares at the lower end of the $20 to $24 range it marketed earlier, raising $1.05 billion. NIQ delivers insights on consumer shopping behavior that brands and retailers use to fine-tune their products and strategies. It has about 23,000 clients including Coca-Cola (KO.N), opens new tab, Nestlé (NESN.S), opens new tab and Sony (6758.T), opens new tab and is led by Jim Peck, former CEO of credit information company, TransUnion (TRU.N), opens new tab. NIQ's revenue was $965.9 million for the three months ended March 31, slightly higher than a year earlier. Net loss attributable to it narrowed to $73.7 million, from $173.9 million a year ago. Proceeds from the IPO will be used to repay some debt and for other general corporate purposes, NIQ said. Circana and YouGov are some of the company's competitors. BofA Securities and UBS Investment Bank are among the underwriters for the IPO. The listing came more than four years after NIQ was spun off from Nielsen Holdings.
Yahoo
23-07-2025
- Business
- Yahoo
NIQ valued at $6.1 billion as shares dip in NYSE debut
(Reuters) -NIQ Global's shares fell 3.6% in their NYSE debut on Wednesday, giving the Advent-backed consumer insights company a valuation of $6.1 billion. The lukewarm reception marks a setback in an otherwise strong run for IPOs as solid equity markets and upbeat debuts had encouraged investors to look past tariff-related volatility. NIQ's stock opened at $20.25 per share, compared with the IPO price of $21 per share. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-07-2025
- Business
- Yahoo
Advent-backed NIQ raises $1.05 billion in US IPO
(Reuters) -Consumer insights company NIQ Global [NIQ.N], backed by investment firms Advent International and KKR, said on Tuesday it had raised $1.05 billion in its initial public offering in the United States. About 50 million shares were priced at $21 each in the IPO, valuing NIQ at $6.35 billion. The move sets the stage for the company's debut on the New York Stock Exchange on Wednesday, amid a wave of recent IPOs in a market that is showing signs of revival after a prolonged slowdown. NIQ, which provides insights into consumer shopping behavior to help brands and retailers refine their products and strategies, has about 23,000 clients, including Coca-Cola , Nestlé and Sony. The Chicago, Illinois-based company is led by Jim Peck, the former CEO of credit information firm TransUnion. For the three months ended March 31, NIQ reported revenue of $965.9 million, a slight increase from the prior year. Its net loss attributable to the company narrowed to $73.7 million, compared to $173.9 million a year earlier. Proceeds from the IPO will be used to repay some debt and for general corporate purposes, NIQ said. The company's competitors include Circana and YouGov. BofA Securities and UBS Investment Bank are among the underwriters for the IPO. The listing comes more than four years after NIQ was spun off from Nielsen Holdings. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-07-2025
- Business
- Yahoo
Advent-backed NIQ raises $1.05 billion in US IPO
(Reuters) -Consumer insights company NIQ Global [NIQ.N], backed by investment firms Advent International and KKR, said on Tuesday it had raised $1.05 billion in its initial public offering in the United States. About 50 million shares were priced at $21 each in the IPO, valuing NIQ at $6.35 billion. The move sets the stage for the company's debut on the New York Stock Exchange on Wednesday, amid a wave of recent IPOs in a market that is showing signs of revival after a prolonged slowdown. NIQ, which provides insights into consumer shopping behavior to help brands and retailers refine their products and strategies, has about 23,000 clients, including Coca-Cola , Nestlé and Sony. The Chicago, Illinois-based company is led by Jim Peck, the former CEO of credit information firm TransUnion. For the three months ended March 31, NIQ reported revenue of $965.9 million, a slight increase from the prior year. Its net loss attributable to the company narrowed to $73.7 million, compared to $173.9 million a year earlier. Proceeds from the IPO will be used to repay some debt and for general corporate purposes, NIQ said. The company's competitors include Circana and YouGov. BofA Securities and UBS Investment Bank are among the underwriters for the IPO. The listing comes more than four years after NIQ was spun off from Nielsen Holdings. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
