Every weekday, host Kai Ryssdal helps you make sense of the day’s business and economic news — no econ degree or finance background required. “Marketplace” takes you beyond the numbers, bringing you context. Our team of reporters all over the world speak with CEOs, policymakers and regular people just trying to get by.
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How to price an IPO so it “pops”
Shares of chip designer Arm Holdings surged 25% above their initial public offering price of $51 in the company’s stock market debut today. A lot went into deciding on that price. Today, we dig into what it takes to make an IPO “pop.” Later, the United Auto Workers plans to target its work stoppages as a strike looms. And will Social Security’s cost-of-living increase be enough to help older Americans keep up with inflation next year?