Robo-adviser Wealthfront poised for muted Nasdaq debut

Robo-adviser Wealthfront's WLTH.O shares poised to open flat in their Nasdaq debut

Stock indicated to open at $14 apiece, giving WLTH a potential fully diluted valuation of $2.63 billion

WLTH and some of its existing shareholders sold 34.6 million shares at the top end of the marketed range of $12 and $14 apiece to raise $484.6 million

Goldman Sachs and J.P. Morgan were lead book-running managers for offering

While fintech IPOs have mounted a strong resurgence in 2025, most of them are now trading below their debut levels

WLTH caps off a busy penultimate week for the 2025 U.S. IPO market as the holiday slowdown closes in