💨 Abstract

Ingram Micro, an electronics distributor, has filed for an initial public offering (IPO) in the United States. The company plans to list on the New York Stock Exchange under the symbol "INGM." The offering is being underwritten by several Wall Street banks, including Morgan Stanley, Goldman Sachs, and J.P. Morgan Securities. The move comes amid easing monetary policy and strong performances by recently listed firms, encouraging companies to go public.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖