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OrCam Technologies, an Israeli company that develops devices to aid the visually impaired, is expected to conduct an initial public offering. The deal will reportedly be led by Goldman Sachs & Co. We will update this story as new information emerges.
OrCam Technologies is expected to go public during 2021. The company is hoping to raise $300 million in the IPO, based upon a $3 billion valuation.
OrCam is reportedly planning to conduct a pre-IPO funding round to raise $150 million to $200 million.
Once OrCam 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.
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It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like OrCam 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.
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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