In an historic day, fueled by gains in tech shares, the Nasdaq Composite Index moved past 9,000 for the first time, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
With a warning that regulatory risks could take away over a quarter of Facebook’s stock value, analyst Jason Bazinet noted that the social media firm “likely” encounters three threats in the long term from the U.S. government. Citigroup had moved coverage of Facebook to Bazinet,...
The New York Stock Exchange (NYSE) wants to amend rules so that companies can go public through a direct listing, and raise capital from public market investors at the same time. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A filing with the Securities and Exchange Commission revealed that Berkshire Hathaway now owns 1.2 million shares of furniture retailer RH, formerly known as Restoration Hardware. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
When it comes to lockups — look down. That’s the general trend of stocks after an initial public offering (IPO) when insiders are freed up to sell their shares. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
WeWork could run out of money by next month — despite the fact that it was valued at $47 billion just nine months ago, making it America’s highest-valued private firm at the time. Get the Full Story Complete the form to unlock this article and...
A new California law has sent shares of SmileDirectClub down 12.9 percent on Monday (Oct. 14) and its stock is now down 60 percent since it went public a little over one month ago. Get the Full Story Complete the form to unlock this article...
The launch of a new Instagram app caused shares in the owner of Snapchat to fall more than 7 percent–its lowest level in almost four months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As Zuora’s stock has fallen over the past year, one analyst is giving the company a neutral rating. 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...
