The portion reserved for institutional investors was subscribed 48.91 times, while the retail quota was subscribed 9.96 times. The high-net-worth individuals’ portion received bids for 14.9 times the shares reserved for them.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created