BlackRock and Alliance Bernstein to Invest in Klaviyo
Major asset manager including BlackRock and research and services firm Alliance Bernstein LP have evinced interest to be cornerstone investors in the marketing automation company Klaviyo’s planned Initial Public Offering (IPO) on New York Stock Exchange (NYSE) by end of this year and Klaviyo hopes to raise up to $518 million in the public listing, media reports said.
Futures rebound as China ADRs rally; tech, growth stocks rise
U.S. stock index futures bounced on Monday, as a report of Beijing regulators concluding a year-long probe into Didi Global added to optimism about easing COVID-19 curbs in the country, lifting shares of other NY-listed China stocks.
