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Rumors are swirling that popular mortgage lender Better.com may be planning an IPO. The company completed a $200 million round of Series D funding in November 2020. And according to a report in Bloomberg, the company is planning to confidentially file with the SEC as early as January 2021.
While he wouldn't comment on a timeline, CEO Vishal Garg did suggest that the company plans to go public at some point. The reveal was made during LendIt Fintech’s USA 2020 virtual event.
Better.com is expected to go public. Better.com has not yet filed a viewable Form S-1 with the US Securities and Exchange Commission. We'll update this page with information as it becomes available.
There's no news yet about how much the stock will cost when it goes public. It's expected to launch in 2021.
Once Better.com goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Better.com can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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