In today’s briefing:
- Lineage (LINE): Year’s Biggest IPO Failed Fast-Entry. Addition Coming Soon.
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Lineage (LINE): Year’s Biggest IPO Failed Fast-Entry. Addition Coming Soon.
- Lineage (LINE US) , with an IPO market cap of ~$18bn failed the fast-entry threshold of both main global indices with the threshold being more than ~$28bn.
- Based on the listing date of 25 July 2024, its addition is forecasted for September 2024, December 2024 and February 2025 in US and Global indices.
- Lineage (LINE US) is expected to get added to the Top 1000 US companies index with forecasted demand of ~$340m and ~1.3 ADV at close of 20 September 2024.