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How to buy Saks.com stock when it goes public

Here's everything we know so far about the Saks.com IPO.

Hudson's Bay, parent company of online fashion retailer Saks.com, is looking to spin off the luxury clothing site into a public company in the next 12 months, sources close to the deal have said.

No details are available yet, but we will update this page as information emerges.

What we know about the Saks.com IPO

Saks.com, the online home of fashion retailer Saks Fifth Avenue, could be going public soon. The dot-com's parent company, Hudson's Bay, is in talks to conduct a private placement, which could put Saks in a position to conduct an IPO. Hudson's Bay is looking to spin off Saks into a public company in the next year or so, sources say.

Saks.com's annual sales total around $1 billion.

How to buy Saks.com stock when it starts trading

Once Saks.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.

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  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.

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How do similar companies perform?

It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Looking at the performance of similar companies can help you decide if now is a good time to buy Saks.com stock.

See how the following stocks are performing, and view details like market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield.

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