On May 29, the world witnessed at least two events over the years that influenced the development of the global economy and international relations. One marked the beginning of the institutionalization of the American stock market, the other was a big step towards ending the Cold War.

U.S.-based Flowco Holdings Inc. $FLOCF, well-known for its advanced solutions in oil and gas extraction, has successfully conducted its initial public offering (IPO). The offering involved 20,470,000 Class A shares priced at $24 each, with underwriters exercising their right to buy an additional 2,670,000 shares. Shares officially began trading on the New York Stock Exchange (NYSE) under the ticker symbol "FLOC" on January 16, 2025.