{"id":963031,"date":"2025-09-20T09:30:37","date_gmt":"2025-09-20T04:00:37","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=963031"},"modified":"2025-09-20T09:36:57","modified_gmt":"2025-09-20T04:06:57","slug":"ecommerce-firm-pattern-valued-at-2-4-billion-as-shares-fall-in-nasdaq-debut","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/20\/ecommerce-firm-pattern-valued-at-2-4-billion-as-shares-fall-in-nasdaq-debut\/","title":{"rendered":"Ecommerce firm Pattern valued at $2.4 billion as shares fall in Nasdaq debut"},"content":{"rendered":"<p>Ecommerce accelerator Pattern Group on Friday notched a valuation of $2.38 billion as its shares fell 3.6% in their Nasdaq debut, bucking the recent trend of strong first-day IPO performances. <\/p>\n<p>The Lehi, Utah-based company&#8217;s stock opened at $13.50, compared with its offer price of $14. <\/p>\n<p>Pattern and some of its existing shareholders raised $300 million by selling 21.4 million shares, compared with its marketed price range of $13 to $15 apiece.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ecommerce accelerator Pattern Group on Friday notched a valuation of $2.38 billion as its shares fell 3.6% in their Nasdaq debut, bucking the recent trend of strong first-day IPO performances. The Lehi, Utah-based company&#8217;s stock opened at $13.50, compared with its offer price of $14. Pattern and some of its existing shareholders raised $300 million by selling 21.4 million shares, compared with its marketed price range of $13 to $15 apiece.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-963031","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/963031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=963031"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/963031\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=963031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=963031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=963031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}