The KKR-backed hair care giant filed its S-1 to list on the NYSE, lining up 18 underwriters led by Goldman…

As seen on the 24/7 Wall St. homepage on August 31, 2026.

THE IPO WIRE

Wella Co WELA · NYSE

Aug 31, 4:04pm ET

Wella files for NYSE IPO with an 18-bank syndicate

The KKR-backed hair care giant filed its S-1 to list on the NYSE, lining up 18 underwriters led by Goldman Sachs, BofA and J.P. Morgan. A syndicate that size signals a large deal, and terms have not been set yet, so the price range is the next thing to watch.

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Related Market Updates

WB Weibo

Aug 31, 6:00pm ET

New 52-week low $6.83 -2.1% vs prior low · 2026-08-27

Weibo marked a new 52-week low at $6.83, and each fresh floor is arriving faster than the last.

Biggest movers · At the close Aug 31, 4:10pm ET

Gainers

GPROGoPro$0.86+43.5%
TSLATesla$368.39+5.6%
SNDKSanDisk$1,562.46+5.2%
IRENIren$37.09+4.6%
ULTAUlta Beauty$537.5+3.9%

Losers

TTWOTake-Two Interactive$220.06-6.5%
AXONAxon Enterprise$568.95-5.3%
LYFTLyft$16.86-4.7%
AFRMAffirm$74.35-4.4%
UBERUber$75.6-4.1%

GoPro closed up 43% at 86 cents, a sub-dollar stock swinging harder than anything else in the 111-name priority list. Tesla and SanDisk added better than 5%, while Take-Two led the decliners at 6.5% lower.

CLOSING BELL

U.S. Markets

Aug 31, 4:00pm ET

S&P 500-0.26%
Dow Jones Industrial Average-0.59%
Nasdaq Composite-0.29%

The Dow gave up 316 points, more than double the S&P 500's percentage loss, concentrating the selling in old-economy names. Blue chip holders felt this close the hardest.

Jim Cramer @jimcramer

Aug 31, 3:38pm ET

Cramer's point for AI infrastructure owners: the headline risks hitting data center names keep burning off within a session, so the selloffs reflect sentiment while the build cycle stays intact.

The data center thesis is just getting whacked around again. That union issue lasted a day

Replies17
Reposts5
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Elon Musk @elonmusk Quote post

Aug 31, 2:25pm ET

Musk is pushing Grok past search into checkout, where a bot haggles the price for you. If agents start negotiating discounts at scale, retail margins and payment rails are the ones absorbing it.

Grok @Bot will not only do your purchasing, but also find & negotiate the best deal https://t.co/rgVMQqGJIa [Quoted @segall_max]: I just used instinct and stripe link to buy my niece a hot pink piano… entirely from the messaging interface 🤯🤯 Instinct was even kind enough to find me a 15% off discount!!!! https://t.co/yP7Dl7p3fO

Replies187
Reposts70
Likes627

GPRO GoPro

Regular session

Aug 31, 12:00pm ET

$0.75

+22.43% open $0.61

A 22.4% intraday jump to $0.7468 adds real percentage ground for a sub-dollar name worth just $112.4 million, where every penny is a double-digit move. Keep an eye on whether it holds above the $0.61 open into the close.

MIDDAY

U.S. Markets

Aug 31, 12:00pm ET

S&P 500-0.49%
Dow Jones Industrial Average-0.65%
Nasdaq Composite-0.40%

The Dow's 348-point midday slide hits old-economy cyclicals hardest, while the Nasdaq holds up better. Friday's August jobs report is the next test for anyone still hoping the Fed stays put.

CLOSING BELL

CAC 40 🇫🇷 Euronext Paris

Aug 31, 11:30am ET

+0.04%

8,404.83

Paris finished 3.65 points higher, essentially unchanged, with traders holding fire ahead of eurozone inflation data and a September ECB decision that is now in play. Luxury remains the swing factor for this index.

CLOSING BELL

DAX 🇩🇪 FSE

Aug 31, 11:30am ET

-0.80%

30,539

Germany's benchmark surrendered 245 points to close at 30,538.56, a reminder that a September ECB hike is now live in traders' pricing. Anyone treating European equity exposure as a quiet corner of the portfolio gets tested this week.

TTWO Take-Two Interactive

Regular session

Aug 31, 10:40am ET

$217.65

-6.81% open $233.56

A 6.8% intraday slide to $217.65 is a rare drawdown for a $41.6 billion name that rarely moves this hard in a single session. The $233.56 open is now the level bulls need to reclaim.

Jim Cramer @jimcramer

Aug 31, 10:14am ET

Cramer's point: if permitting and power fights slow US buildouts, AI capex migrates south, and Amazon's Queretaro site is the template.

Trump, pro-data center should mention how easy it is to go to Mexico. While the President seems to be inclined to slow things down, the border states would welcome them. So would Queretaro, where Amazon is building one.. It will happen. They get the win. They have the cards.

Replies38
Reposts8
Likes82