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NASDAQ:WLTH 12 December 2025

Wealthfront IPO: WLTH Debuts on Nasdaq After $485M Raise, Rings Opening Bell, and Tests Consumer Fintech Appetite

Wealthfront IPO: WLTH Debuts on Nasdaq After $485M Raise, Rings Opening Bell, and Tests Consumer Fintech Appetite

Wealthfront began trading on Nasdaq Friday after pricing its IPO at $14 per share, raising about $485 million and valuing the company near $2 billion. The Palo Alto-based robo-adviser sold 34.6 million shares, with 21.5 million from the company and the rest from existing holders. CEO David Fortunato and co-founders rang the Nasdaq Opening Bell in Times Square.
12 December 2025
Wealthfront IPO Prices at $14, Raises $485 Million as WLTH Debuts on Nasdaq and Rings the Opening Bell

Wealthfront IPO Prices at $14, Raises $485 Million as WLTH Debuts on Nasdaq and Rings the Opening Bell

Wealthfront began trading on the Nasdaq after pricing its IPO at $14 per share, raising about $485 million by selling 34.6 million shares. The deal values the company at roughly $2 billion, or $2.6 billion on a fully diluted basis. CEO David Fortunato and co-founders rang the opening bell in Times Square. Wealthfront sold 21.5 million primary shares, with the rest sold by existing shareholders.
12 December 2025

Stock Market Today

  • Nvidia Q1 Earnings Beat Expectations, Shares Dip
    May 20, 2026, 4:32 PM EDT. Nvidia reported Q1 earnings, posting revenue of $81.62 billion, surpassing the $79.19 billion forecast. Adjusted EPS reached $1.87, beating estimates around $1.77-$1.78. Data Center revenue hit $75.2 billion, exceeding predictions. The company provided strong Q2 guidance with revenue expected at $91 billion ±2%, above $87.36 billion estimates, signaling robust AI infrastructure demand despite market concerns. Nvidia's networking segment, critical for AI cluster interconnects, is rapidly expanding, driven by products like NVLink and InfiniBand. This marks a strategic expansion beyond GPUs, including partnerships with Amazon Web Services. However, rising political resistance to data center growth due to environmental and local impact remains a risk. Nvidia shares initially fell 3% post-report.

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