Companies around the globe are rushing to go public, with the highest deal value in the first three months of 2021 than in the past 20-plus years, the Financial Times reported on Wednesday (April 28). So far in 2021, there have been 875 initial public...
Online investment adviser Betterment experienced blockbuster growth in the first quarter of this year, indicating that trading apps aren’t the sole beneficiaries of the rise of so-called “meme stocks,” CNBC reported on Friday (April 16). Betterment’s new clients increased by 116 percent, while its net...
It almost seems like a set up to a punchline: What do AOC and Ted Cruz have in common? Until yesterday, the answer would have been pretty much nothing. But now, thanks to the unavoidable attention brought on by 300+ percent intraday trading swings in...
Shares of DoorDash Inc. slid slightly on their second day of trading, dropping some 7 percent as of approximately noon Eastern Time on Thursday (Dec. 10) to trade at $176.24. The decline comes a day after DoorDash’s stock surged on its first day of trading,...
The implosion of major payments player Wirecard AG amid a multibillion-dollar fraud scandal has spurred an overhaul of Germany’s top stock index. Owner of the DAX-30 index, Deutsche Börse AG announced on Tuesday (Nov. 24) that all prospective members will have to pass a basic profitability...
News on Monday (Nov. 9) that Pfizer’s experimental COVID-19 vaccine has delivered a preliminary 90 percent success rate sent consumers’ hopes soaring, fueling a rally in stocks of dine-in restaurants and other companies linked to how we used to live. For instance, shares of Brinker International, which...
On a day where pretty much everywhere you looked, stocks were in the red – across sectors and across large, mid and small caps – it might be hard to find standouts. But. Look beyond the rough patch in evidence from, say, SAP – and...
Founder-led firms are making faster strides in share prices and profits than companies headed by C-suite executives, according to a Monday (Oct. 19) Reuters analysis. Share prices have doubled for founder-led tech firms, surpassing a 7.8 percent gain for the S&P 500 index. Founder-led tech...
On Monday (Aug. 10), Apple moved relentlessly closer to becoming the first public company on the planet with a $2 trillion valuation – though whether the tech giant’s stock price can maintain its current blistering pace is being debated by industry analysts. Shares of Apple...
