TikTok IPO date and ticker symbol
TikTok IPO date is to be announced. The company does not have a ticker symbol or stock code.
TikTok IPO date is to be announced. The company does not have a ticker symbol or stock code.
Little information has emerged regarding a potential TikTok IPO since the possibility was first floated back in 2020. In July 2023, Reuters reported that TikTok parent company, ByteDance, would allow shares owned by U.S. employees to vest without waiting for the company to list in the stock market. This suggests that ByteDance is in no rush to go public, which may also damper any IPO plans for TikTok. You can follow news on a ByteDance IPO here.
Once TikTok 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.
May 30, 2024: TikTok is working on a clone of its recommendation algorithm for its 170 million US users that may result in a version that operates independently of its Chinese parent and be more palatable to American lawmakers who want to ban it, according to Reuters.
May 26, 2024: ByteDance, the Chinese owner of short video platform giant TikTok, launched a share buyback this week for current and former employees, two people with direct knowledge of the matter said on Wednesday. The buyback comes after ByteDance announced in April that it did not have imminent plans for a public listing, according to Yahoo Finance.
May 22, 2024: Attorney General Mike Hilgers filed a landmark lawsuit Wednesday against TikTok in Nebraska State Court, alleging violations of Nebraska’s consumer protection laws. The lawsuit claims TikTok engaged in deceptive and unfair trade practices by intentionally designing and operating a platform that is addictive and harmful to teens and children while holding itself out as “family-friendly” and “safe” for young users, according to KOLN.
May 17, 2024: The US Justice Department and TikTok on Friday asked a US appeals court to set a fast-track schedule to consider the legal challenges to a new law requiring China-based ByteDance to divest TikTok’s US assets by January 19 or face a ban, according to Reuters.
TikTok is expected to go public, although it has not yet filed a viewable registration document with the US Securities and Exchange Commission (SEC).
The exact IPO date has not been announced. There's no news yet about how much the stock will cost when it goes public. We'll update this page with more information as it becomes available.
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 TikTok stock.
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