Navan IPO

Navan IPO Falls 20% After Historic Market Debut Amid SEC Shutdown

ByRubaisha

Navan, the corporate travel and expense platform formerly known as TripActions, saw its shares tumble after its Nasdaq debut. The Navan IPO priced at $25 per share and raised roughly $923 million, but the stock closed sharply lower on its first day. Market watchers say the partial U.S. SEC shutdown and broader tech caution helped…

Navan IPO

Navan IPO: Travel Tech Firm Raises $923 Million, Eyes Global Expansion

ByZehra Naz

On October 30, 2025, Navan, Inc. made a splash on the market by raising around $923 million in its IPO. The Palo Alto-based travel-and-expense platform priced its shares at $25 each, landing at a valuation of roughly $6.2 billion. This move marks a bold step in the rebound of business travel and tech IPOs alike….