Markets

Markets
US Stock Sales Soar To $435 Billion In 2020, With IPOs Raking In $100 Billion
December 22, 2020

Despite the pandemic, U.S. stock sales soared to $435 billion in 2020, surpassing the previous record of $279 billion in 2014. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Markets
Airbnb Goes Public At $146 Per Share, More Than Double IPO Pricing
December 10, 2020

Airbnb began trading at $146 a share on Thursday (Dec. 10) at more than two times the price set for its initial public offering (IPO) the previous day. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Markets
DoorDash Shares Surge Over 85 Pct On First Trading Day
December 09, 2020

DoorDash soared on its first day of trading on the New York Stock Exchange Wednesday (Dec. 9), surging over 85 percent from its initial public offering (IPO) price of $102 to close out the trading day at $189.51. The food delivery company trades under the...

Markets
Slack Stock Jumps On News Of Potential Acquisition By Salesforce
November 25, 2020

Slack’s stock rocketed over 24 percent on Wednesday (Nov. 25) on a report that Salesforce had discussions to acquire the firm, while Salesforce stock fell over 4 percent, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Markets
Schwab, Vanguard, Other eBrokers Face Outages As Dow Soars
November 09, 2020

Amid surging stocks, some online brokers like TD Ameritrade, Charles Schwab and Vanguard are missing out due to the websites going down, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Markets
Stocks Dip Amid New COVID Restrictions Fears
October 26, 2020

The lack of a new stimulus deal and surging coronavirus cases are having a negative effect on the stock market, which dropped 650 points on Monday (Oct. 26), The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article...

Markets
SPACs Lure Payments Firms (And Others) — With Speed Bumps Ahead?
October 19, 2020

Special purpose acquisition companies (SPACs) are gaining traction in the payments space — but might there be speed bumps ahead? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Markets
Social Capital Hedosophia Launches New SPAC, Seeks $500M
September 15, 2020

Social Capital Hedosophia is looking to raise $500 million for a new blank check company, Bloomberg writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Markets
DraftKings Sees 17 Pct Surge In Shares After ESPN Deal
September 14, 2020

DraftKings shares rose by 17 percent following the sports gaming company’s new agreement with ESPN on Monday (Sept. 14), CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...