When she's not writing about the markets you can find her hunting for a good travel bargain. You can learn more about how we make money here. Earlier this month the Adore Beauty Group Ltd (ASX: ABY) share price landed on the Australian share market following the completion of its $269.5 million initial public offering (IPO). The online retailer is expected to raise $40 million as it launches onto the ASX. Terms of Service | Every other business should take note and see how efficient and friendly they are. Our Top 5 Stocks for Investors 50 or Older – NOW AVAILABLE! Acceptance by insurance companies is based on things like occupation, health and lifestyle. Adore, a pure-play online cosmetics retailer, is embarking on an IPO which would value it at $635.3 million – the largest the ASX has seen this year. Adore Beauty believes that online penetration of the beauty and personal care market in Australia will continue to increase, and that COVID-19 may accelerate the rate of online penetration going forward. Adore Beauty's float was funded by a $269.5 million initial public offering (IPO), which saw investors subscribe for ABY shares at $6.75 a pop; The consumer discretionary stock was buoyed by further success after listing today, at one point trading for over $7.40 per share; Heading into the weekend, Adore shares are worth $6.92 each Our latest articles and strategies for the post-work life you want. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. ABB recently released after their IPO into the ASX, with a 100% increase (from IPO of $1) to ~$2 as of 20/10/2020. The shares of Australia’s leading pure-play online beauty retailer, Adore Beauty Group Limited (ASX: ABY) surged by 9% on debut on 23 October 2020. Here's how it stacks up to the others. Sold by Supershieldz and ships from Amazon Fulfillment. This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. The Motley Fool Australia » Share Market News » The Adore Beauty (ASX:ABY) share price surged 10% higher today, James Mickleboro | October 23, 2020 1:23pm | More on: ABY KGN TPW. Learn how to invest in Snowflake when it becomes publicly available. MyDeal.com.au Ltd (ASX: MYD) and 2 other ASX shares to IPO recently are struggling in their first weeks. This is a notable premium to Kogan.com Ltd (ASX: KGN) and Temple & Webster Group Ltd (ASX: TPW). Past performance is not necessarily indicative of future returns. (Whatever makes you, you!) We’re reader-supported and may be paid when you visit links to partner sites. Everything you need to know before Plenti lists on the ASX. Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. ♀️ We give you the facts, you decide how you want to do beauty. We stock a huge range of esteemed international beauty brands, with everything from Fast forward to October 2020, Adore Beauty became the most valuable public float of 2020 with a market capitalisation of $653 million – the largest ASX listing ever by a female co-founder. The Motley Fool Australia operates under AFSL 400691. Some product issuers may provide products or offer services through multiple brands, associated companies or different labelling arrangements. Hear our experts take on shares, the market & how to invest. How to buy Snowflake shares from Australia. Adore Beauty is dedicated to delivering you the best curation of must-have beauty products in Australia. Adore Beauty Group Ltd (ASX:ABY) is an Australian e-commerce business and is the official stockist of over 230 leading beauty brands. All Promo Code and Discount Code are working here. Adore Beauty's main source of revenue is through the sale of beauty and personal care products online. Subscription Terms of Service, ACN: 146 988 052 | Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 4635, Ashmore, Qld 4214. Pleasingly, the company still has a long growth runway.
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