Saudi Healthcare Firm Almoosa's IPO Draws $46 Billion in Orders [Yahoo! Finance]
Moelis & Company Class A (MC)
Last moelis & company class a earnings: 4/22 04:15 pm
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Source: Yahoo! Finance
public offering in the kingdom, in a sign of continued interest in Middle Eastern listings. Most Read from Bloomberg Hong Kong's Expat Party Hub Reshaped by Chinese Influx How California Sees the World, and Itself London's Tube Fares Are Set to Rise by 4.6% Next Year The healthcare provider announced a final price range of 127 riyals per share, the top of a marketed range, it said in an announcement on Tuesday. Almoosa is offering 13.3 million shares, or a 30% stake. At this price, the firm would be valued at 5.62 billion riyals, with the deal on track to be the kingdom's second largest listing of the year. Almoosa is the latest Middle Eastern listing to garner triple-digit levels of oversubscription, although of late this has not necessarily translated to strong trading performance. Health care is a key focus of Crown Prince Mohammed bin Salman's trillion-dollar Vision 2030 plan, which foresees a growth in the country's population and a rise in life expectancy. The ki
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MC
News
- Moelis & Company (NYSE: MC) was upgraded by analysts at Keefe, Bruyette & Woods from a "market perform" rating to an "outperform" rating. They now have a $86.00 price target on the stock, up previously from $71.00.MarketBeat
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MC
Earnings
- 10/23/24 - Beat
MC
Sec Filings
- 12/4/24 - Form 4
- 12/4/24 - Form 4
- 12/4/24 - Form 4
- MC's page on the SEC website