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Arc’teryx and Salomon Owner Amer Sports Files for US IPO

Arc’teryx and Salomon Owner Amer Sports Files for US IPO

Amer Sports on Thursday revealed a 30 percent revenue surge for the first nine months of 2023 in its filing to go public in the US, joining other high-profile firms looking to take advantage of recovering investor appetite.

US initial public offerings, which went through an arid period that lasted most of 2022 and 2023, are projected to rebound as the stock market hovers near record highs.

“We expect 2024 will look like a ‘normal year’,…


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Penn Medicine develops AI tool for precision oncology

Penn Medicine develops AI tool for precision oncology