Loading...
Market
Shein's stock performance one month after IPO
5
Resolution / Starting Odds
Above IPO price • 33%
At IPO price • 33%
Below IPO price • 33%
London Stock Exchange, financial news outlets
Story
Shein Confidentially Files for London IPO in Early June Amid Regulatory Hurdles, $66B Valuation
Jun 24, 2024, 11:10 AM
Fast fashion retailer Shein has confidentially filed for a London IPO with the UK's markets regulator in early June, according to multiple sources. The move comes amid regulatory hurdles in the U.S., where experts say Shein's IPO plans are effectively dead. Investors have expressed concerns over the potential listing, with some attempting to sell their stock privately. Additionally, Shein faces legal action from a competitor in London, and there are worries that the listing could damage the London Stock Exchange's ESG reputation. The timing of the IPO remains unclear, but it could potentially be London's biggest in more than a decade. Shein was valued at $66 billion in a 2023 fundraising round. The IPO plan is currently in regulatory limbo.
View original story
Similar markets
Above IPO price by more than 10% • 25%
Within 10% of IPO price • 25%
Below IPO price by more than 10% • 25%
Not publicly traded yet • 25%
Gained more than 10% • 25%
Gained 0-10% • 25%
Lost 0-10% • 25%
Lost more than 10% • 25%
Below $1 billion • 25%
$1 billion to $2 billion • 25%
$2 billion to $3 billion • 25%
Above $3 billion • 25%
Below IPO price • 25%
Equal to IPO price • 25%
1-10% above IPO price • 25%
More than 10% above IPO price • 25%
Increase by more than 20% • 25%
Increase by 10-20% • 25%
Remain within ±10% • 25%
Decrease by more than 10% • 25%
Strong positive reaction • 25%
Moderate positive reaction • 25%
Neutral or mixed reaction • 25%
Negative reaction • 25%
Increase by more than 20% • 25%
Increase by 0-20% • 25%
Decrease by 0-20% • 25%
Decrease by more than 20% • 25%
Below $11 • 25%
$11 to $12 • 25%
$12 to $13 • 25%
Above $13 • 25%
Increases by more than 10% • 25%
Increases by 0-10% • 25%
Decreases by 0-10% • 25%
Decreases by more than 10% • 25%
Below $17 • 25%
$17 to $18.99 • 25%
$19 to $20.99 • 25%
$21 or more • 25%
Increase by more than 20% • 25%
Increase by 10-20% • 25%
Increase by less than 10% • 25%
Decrease • 25%