Stock

SoftBank’s $3B WeWork Offer Is Now Official

SoftBank’s $3B WeWork Offer Is Now Official
SoftBank’s $3B WeWork Offer Is Now Official
November 25, 2019  |  Partnerships

SoftBank has officially offered $3 billion for WeWork stock in a move that’s been anticipated for some time, according to a report by Bloomberg. Get...

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Ex-Uber CEO Kalanick Offloads $540M In Co Stock
Ex-Uber CEO Kalanick Offloads $540M In Co Stock
November 11, 2019  |  Investments

Travis Kalanick, the former CEO of Uber who was ousted from the ridesharing company after a series of scandals, has offloaded about $500 million of...

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Uber Losses Trigger $228M Write-Off At PayPal
Uber Losses Trigger $228M Write-Off At PayPal
October 09, 2019  |  Investments

PayPal lost $228 million in the third quarter partially due to Uber’s failure to make money, Bloomberg reported on Tuesday (Oct. 8). Get the Full...

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Peloton Stock Backpedals, Closes 11.2 Percent Below IPO Price
Peloton Stock Backpedals, Closes 11.2 Percent Below IPO Price
September 27, 2019  |  IPO

Digital fitness brand Peloton ended its first day of trading down 11 percent from its IPO price of $29 a share, Marketwatch reported on Thursday...

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Shopify Poised To Become Second-Largest US eCommerce Company
Shopify Poised To Become Second-Largest US eCommerce Company
September 09, 2019  |  eCommerce

The eCommerce brand Shopify is expected to pass eBay and become the second largest platform in the world in terms of sales volume behind Amazon,...

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Why WeWork’s IPO Strategy Could Make Investors Swipe Left
Why WeWork’s IPO Strategy Could Make Investors Swipe Left
September 06, 2019  |  Investments

IPOs are a bit like dating -- firms want to be as attractive as possible to investors getting in at the public debut. Money-losing WeWork...

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Activist Investors Circle As Groupon Stock Slumps
Activist Investors Circle As Groupon Stock Slumps
September 02, 2019  |  Subscriptions

Activist investors are closing in on Groupon as its stock plummeted to less than $3 a share, and its chief financial officer, Michael Randolfi, resigned,...

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Loss Of ‘The Office’ Affecting Netflix Shares
Loss Of ‘The Office’ Affecting Netflix Shares
July 05, 2019  |  Investments

Netflix, a Wall Street favorite, is facing some uncertainty for the future with the loss of its most popular show, “The Office,” and impending changes...

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