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MARKETS-ECONOMIC TIMES · INDIAN ·

US stocks: AI infra firm Accelevation valued at $3.9 billion as shares fall in Nasdaq debut

As reported by Markets-Economic Times
Accelevation's shares began trading below the initial public offering price of $18, reflecting current market instability. The company, which focuses on data center infrastructure, successfully raised $540 million by offering around 30 million shares at a debut price of $17.55. Founded in 2017, Accelevation achieved impressive revenue growth, totaling $447.8 million by 2025 amidst an uncertain U.S. IPO landscape that is impacting this listing season.
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