E-commerce firm Pattern valued at $2.4 billion as shares fall in Nasdaq debut

E-commerce accelerator Pattern Group on Friday notched a valuation of $2.38 billion as its shares fell 3.6% in their Nasdaq ...
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Pattern IPO To Debut On Nasdaq Today: E-Commerce Accelerator Raises $300 Million At $2.5 Billion Valuation

Pattern Group Inc. (PTRN) and its existing shareholders raised $300 million through an initial public offering (IPO) of 21.4 million shares ahead of the company’s debut on the Nasdaq on Friday.