Similarweb (SMWB) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Similarweb Ltd., a leading digital market intelligence firm, has initiated a secondary public offering of 3.5 million ordinary shares, with an additional option for underwriters to purchase up to 525,000 more shares. The offering is managed by prominent financial institutions including Goldman Sachs & Co. LLC and Barclays, among others. Notably, the proceeds from the sale will go to the selling shareholder, not to Similarweb.
For further insights into SMWB stock, check out TipRanks’ Stock Analysis page.