Wealthfront Edges Higher in Muted Stock-Market Debut -- WSJ

Dow Jones

12/13

By Corrie Driebusch

Wealthfront's stock opened at its IPO price on Friday, a muted debut for the robo adviser.

The company and its selling shareholders raised more than $480 million by selling shares at $14, the high end of its projected range in an IPO that priced late Thursday. The stock opened on the Nasdaq stock market under the ticker WLTH at $14 on Friday afternoon. It recently rose about 4% to $14.56.

Wealthfront initially planned an October offering, but the lengthy U.S. government shutdown delayed the plans, according to CEO David Fortunato. He said the company and its advisers circled back with prospective investors ahead of the Thanksgiving holiday and decided to launch the IPO in December.

"For both building trust and awareness, being a public company was in our best interest," Fortunato said in an interview with The Wall Street Journal.

The U.S. IPO market picked up this summer after three years of doldrums. The government shutdown slowed the pace of new offerings, but bankers and investors are optimistic heading into 2026. Among the big names that could seek public listings next year: SpaceX.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

December 12, 2025 14:06 ET (19:06 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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The stock opened on the Nasdaq stock market under the ticker WLTH at $14 on Friday afternoon. It recently rose about 4% to $14.56. \n</p>\n<p>\n     Wealthfront initially planned an October offering, but the lengthy U.S. government shutdown delayed the plans, according to CEO David Fortunato. He said the company and its advisers circled back with prospective investors ahead of the Thanksgiving holiday and decided to launch the IPO in December. \n</p>\n<p>\n     \"For both building trust and awareness, being a public company was in our best interest,\" Fortunato said in an interview with The Wall Street Journal. \n</p>\n<p>\n     The U.S. IPO market picked up this summer after three years of doldrums. The government shutdown slowed the pace of new offerings, but bankers and investors are optimistic heading into 2026. Among the big names that could seek public listings next year: SpaceX. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 12, 2025 14:06 ET (19:06 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WLTH","symbol_name":"Wealthfront Corp.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2591686569","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2591686569","pubTimestamp":1765566360,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Wealthfront's stock opened at its IPO price on Friday, a muted debut for the robo adviser.The company and its selling shareholders raised more than $480 million by selling shares at $14, the high end of its projected range in an IPO that priced late Thursday. The stock opened on the Nasdaq stock market under the ticker WLTH at $14 on Friday afternoon. It recently rose about 4% to $14.56.Wealthfront initially planned an October offering, but the lengthy U.S. government shutdown delayed the plans, according to CEO David Fortunato. He said the company and its advisers circled back with prospective investors ahead of the Thanksgiving holiday and decided to launch the IPO in December.\"For both building trust and awareness, being a public company was in our best interest,\" Fortunato said in an interview with The Wall Street Journal.The U.S. IPO market picked up this summer after three years of doldrums. The government shutdown slowed the pace of new offerings, but bankers and investors are o","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"WLTH":"Wealthfront Corp."},"translate_title":"Wealthfront在股市首次亮相中小幅走高——《华尔街日报》","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WLTH":1.5},"content_text":"By Corrie Driebusch \n\n\n     Wealthfront's stock opened at its IPO price on Friday, a muted debut for the robo adviser. \n\n\n     The company and its selling shareholders raised more than $480 million by selling shares at $14, the high end of its projected range in an IPO that priced late Thursday. The stock opened on the Nasdaq stock market under the ticker WLTH at $14 on Friday afternoon. It recently rose about 4% to $14.56. \n\n\n     Wealthfront initially planned an October offering, but the lengthy U.S. government shutdown delayed the plans, according to CEO David Fortunato. He said the company and its advisers circled back with prospective investors ahead of the Thanksgiving holiday and decided to launch the IPO in December. \n\n\n     \"For both building trust and awareness, being a public company was in our best interest,\" Fortunato said in an interview with The Wall Street Journal. \n\n\n     The U.S. IPO market picked up this summer after three years of doldrums. The government shutdown slowed the pace of new offerings, but bankers and investors are optimistic heading into 2026. Among the big names that could seek public listings next year: SpaceX. \n\n\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n  (END) Dow Jones Newswires\n\n\n  December 12, 2025 14:06 ET (19:06 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}