ADT Shares Drop in NYSE Debut

Home security company ADT made its NYSE debut. After pricing at $14 a share, the stock opened for trading at $12.65. Tim Whall, CEO at ADT, joined us on set to explain why investors should be excited about the opportunity to invest in ADT. The original range for pricing of the IPO was $17-$19 a share. Despite the weaker-than-expected demand for the stock, the company still raised about $1.5 billion. The CEO said ADT will use the money to pay down debt and grow subscriber base. ADT has a debt burden of about $10 billion. In a regulatory filing, ADT revealed it had been losing customers. Whall shares how the company is innovating in-home security in order to avoid customer churn and attract new consumers. The company recently announced plans to integrate its products with Google Assistant voice controls sometime this spring.

More In Business

IPO to Innovation: Why Weshop Is One of Ecommerce’s Most Watched Companies

After a blockbuster IPO, Weshop is redefining ecommerce by giving users equity, influence, and a stake in the platform’s success.

Rewiring Rest: How Somnee Is Changing the Way We Sleep

Somnee CEO Tim Rosa shares how next-gen sleep wearables, tACS technology, and data-driven insights are redefining recovery and performance.

Beyond the Burn: How Orangetheory Is Shaping the Future of Studio Workouts

Orangetheory Fitness is redefining the future of workouts with smarter tech, strength-based programming, and community-driven studios built for what’s next.

Markets React to Fed Cut: Citi on Earnings, AI Spending, and the Road to 2026

Citi’s Drew Pettit breaks down how the Fed’s latest rate cut is reshaping equity markets, earnings expectations and sector strategy.

Inside Wealthfront’s Big IPO Moment and the Future of Robo Advisors

Wealthfront’s CFO Alan Iberman talks the $2.05B IPO and the major moment for robo banking as the company bets on AI, automation, and “self-driving money."

Big Business This Week: Inside the battle for Warner Bros.

It’s the intrigue of the hour in Hollywood, and the implications are real for the U.S. entertainment and news industries.

Why a sequel isn’t always the answer to people’s demands for more

Ask yourself if you actually want to see some of the popular film franchises continue.

Inside the Fed’s Decision to Cut Rates

The Fed cut rates, sparking market swings. Bill Mann unpacks the decision, the economy’s direction, policy risks, and what investors should know.

The Hybrid Work Revolution: Why Mark Dixon Says the Office Will Never Be the Same

Mark Dixon shares how IWG supports companies through hybrid work, RTO shifts, and the next era of flexible workspaces.

Inside the Surge: How Sports Betting Is Dominating the U.S. Market

U.S. sports betting is booming as NFL and college football fuel massive activity. BetMGM CEO Adam Greenblatt breaks down trends, growth, and what’s next.

Load More