All you need to know about Latin American IPO’S

XP Investimentos

December has been a robust month for Brazilian startups.  It brought a big Initial Public Offering for domestic companies.

In December a company named XP Investimentos went public on the U.S. Stock Exchange. It raised $1.81 billion in the fourth largest IPO of 2019. XP’s stock price soared 30% on its first day of trading, from $27 per share to $34.50.