One day left in the quarter. And then earnings season begins again in just a few short weeks. But even over the last several days, as March draws to a close, earnings for the December period continued to sway stock prices for the names in...
China’s Alibaba Group is reportedly planning to take its logistics business public. The tech giant is in discussions with banks for an initial public offering (IPO) for its Cainiao Smart Logistics Group on the Hong Kong market, Bloomberg News reported Thursday (March 30), citing people...
The CE 100 Index gained 1.2% last week as investors got excited — again — about AI, and the possibility of sustained profits for in the buy now, pay later space. The Communications pillar gained 3%, followed by the Pay and be Paid segment, up...
The global market for initial public offerings continues to struggle amid banking sector upheaval. That’s according to data published Sunday (March 26) by Bloomberg News, which found companies have $19.7 billion via initial public offerings (IPOs), down 70% year-over-year and the lowest comparable level since...
It once seemed like FinTechs going public had limitless funding if investors saw potential. That mindset may be becoming a thing of the past. If only FinTechs could turn back the clock a few years, when worldwide venture capital (VC) investments were through the roof,...
The FinTech IPO Index was down 4.4% heading into the last few trading days of February. And as detailed earlier in the week, even though the group is still up year to date — roughly 20% — bit by bit, the volatility has been eating...
The market for initial public offerings (IPOs) may be picking up. Reuters reported Friday (Feb. 17) that the week of Feb. 6 to Feb. 10 saw the completion of five IPOs that raised a total of $1.17 billion — a figure that was up from the previous...
The lenders and platforms led the FinTech IPO Index down in a week, which logged an 8% loss. But for the group, overall, things are still in positive territory year to date, with a 24.6% surge. Affirm’s 17% loss Thursday, spearheading the spate of decliners,...
Three restaurant groups are reportedly considering initial public offerings (IPOs). Cava Group said in a Monday (Feb. 6) press release that it has confidentially submitted a draft registration statement relating to a proposed IPO to the Securities and Exchange Commission (SEC). Two other restaurant groups — Fogo Hospitality and Panera Brands —...