Higher valuations have European businesses listing in the U.S. at a higher rate than has been seen in decades, Bloomberg reported. On Holding, the Swiss sneaker brand, will list in New York, the company said Monday (Aug. 23), and cryptocurrency miner Argo Blockchain filed for...
Listings and listing announcements this past week, across initial public offerings (IPOs) and special-purpose acquisition companies (SPACs), took on a decidedly international flavor. Among the biggest announcements: India payments behemoth Paytm is targeting a $2.2 billion IPO in India at a valuation of $25 billion. And as...
The rush of day trading is proving to have shaken up the world of credit investing, a new Bloomberg report says. According to fund managers quoted by the news outlet, retail traders have shaken up the market and helped to prop up firms not doing...
Meme stocks, or those which became rampantly trendy with internet day traders, may be on the way out, a report from Bloomberg says, with 37 of them trending lower as of Thursday (July 8). Those stocks were 2.1 percent down as of 1 p.m., the report...
Maybe there’ll be a drinking game tied to the state of Chinese firms in an uncertain regulatory environment. You take a sip very time an alcohol delivery firm lists for funds, take two when an initial public offering (IPO) is pulled in another sector. We’re...
Shares in Chinese ridesharing firm Didi dropped more than 5 percent Friday morning (July 2) after regulators in China announced a cybersecurity review of the company. According to CNBC, this means new users won’t be able to register for the service while the review is...
Retail investors now comprise 10 percent of daily trading on the wide-ranging U.S. stocks index Russell 3000, U.S. News & World Report reported on Wednesday (June 30), citing a note from Morgan Stanley. The Russell 3000 includes 3,000 of the biggest stocks traded in the U.S., which...
Grab, Gojek, and Sea are leading the Southeast Asian surge in technology mergers and acquisitions (M&A), with deals totaling an estimated $19 billion during the first six months of this year, the Financial Times reported (June 30). Compared with last year, M&As went up114 percent, the...
This summer is likely to be one rife with new investment deals, CNN writes. Some of the big deals likely to come down the pipeline include China-based DiDi, the ride-hailing service, which is set to raise almost $4 billion. And then there’s Robinhood, the popular...
