Roblox (RBLX) opened strong on the New York Stock Exchange on Wednesday. Shares began trading at $64.50 each, well above their reference price of $45 set by the exchange on Tuesday. The online gaming platform went public via a direct listing, allowing current investors to sell shares. In direct listings, banks do not set an IPO price, like those seen in initial public offerings. Instead a “reference price” is used — which in this case was $45 a share. At that price, the company’s market cap… Source link
Read More »Julian Edelman sends open letter to Meyers Leonard: 'Hate is like a virus' – Yahoo Sports
MMA Weekly UFC 259 bonuses all go to preliminary fighters Though UFC 259 features three championship fights, none of the athletes in any of those title fights earned UFC 259 bonuses. All of the UFC 259 official performance bonuses went to preliminary card fighters. UFC 259 Fight of the Night: Kennedy Nzechukwu vs. Carlos Ulberg Kennedy Nzechukwu and Carlos Ulberg each earned an additional $50,000 for their efforts in the UFC 259 Fight of the Night. Ulberg started things off with a brutal head… Source link
Read More »U.S. Stocks Rise; Treasuries Gain After Auction: Markets Wrap
Bloomberg Biden to Double J&J Order; N.J. Eases More Limits: Virus Update (Bloomberg) — President Joe Biden will double the U.S. order of Johnson & Johnson’s vaccine, bringing the country’s supply to enough for 500 million people, according to officials familiar with the plan.The U.K. accused European Union politicians of damaging its vaccination program by making misleading statements that cast doubt on AstraZeneca Plc’s shot, in an escalation of tensions between the two sides.The… Source link
Read More »Yahoo Golf Talk: THE PLAYERS Championship
A star-studded field heads to TPC Sawgrass for this week’s PLAYERS Championship. THE PLAYERS is one of the biggest events all season and it comes at a time without as much cross-sport action. That means huge prize pools across the DFS industry including over at Yahoo Fantasy Sports. We are going to focus on Yahoo today as we sift through some stats. With 154 golfers lining up to start the week, it will be tough to land 6-of-6 golfers through the cutline. It should be a top priority to target… Source link
Read More »Why one of America’s favorite hot dog brands may be up for sale
Bloomberg Surge in Mortgage Rates Threatens to Slow U.S. Housing Rally (Bloomberg) — The pandemic housing rally is getting its first big test.Mortgage rates rose in each of the past three weeks, driven by a bet that inflation will accelerate as the U.S. economy roars back this year. While borrowing costs are still near historic lows, the quick jump has already begun eroding the purchasing power that enabled buyers to push up home prices across the country in recent months.The bidding frenzy… Source link
Read More »Here are four tax breaks included in the $1.9 trillion stimulus plan
The $1.9 trillion stimulus plan based on President Joe Biden’s proposal and passed by both chambers of Congress includes four key tax improvements that would help Americans in various income brackets. The plan would change the child tax credit, child and dependent care tax credit, the earned income tax credit (EITC), and taxes on unemployment benefits, helping to alleviate some of financial stress from the coronavirus pandemic and economic shutdowns. Read more: Here’s how you should use your… Source link
Read More »Gaming company Roblox surges 54% in debut on NYSE
By Joshua Franklin and Niket Nishant (Reuters) – Shares of U.S. gaming company Roblox Corp closed up 54.4% in its New York Stock Exchange trading debut on Wednesday, valuing the company at $45.2 billion. San Mateo, California-based Roblox is among the world’s most popular gaming sites for children and offers a host of games across mobile devices and gaming consoles. The company’s stock opened at $64.5 and ended trading at $69.47, up from the reference price of $45 per share set on Tuesday and… Source link
Read More »N95 mask inventor Dr. Wu Lien-teh celebrated with Google Doodle
Dr. Lien-teh was a Chinese-Malaysian epidemiologist who invented a surgical face mask that’s widely believed to be the precursor to the N95 mask. WASHINGTON — Google on Wednesday celebrated what would have been the 142nd birthday of the inventor of surgical face masks, Dr. Wu Lien-teh, with a Google doodle. Dr. Lien-teh was a Chinese-Malaysian epidemiologist whose invention is considered to be the… Source link
Read More »N95 mask inventor Dr. Wu Lien-teh celebrated with Google Doodle
Dr. Lien-teh was a Chinese-Malaysian epidemiologist who invented a surgical face mask that’s widely believed to be the precursor to the N95 mask. WASHINGTON — Google on Wednesday celebrated what would have been the 142nd birthday of the inventor of surgical face masks, Dr. Wu Lien-teh, with a Google doodle. Dr. Lien-teh was a Chinese-Malaysian epidemiologist whose invention is considered to be the… Source link
Read More »Yahoo Cup PGA DFS Picks: The Players Championship
PGA DFS Picks Daily Fantasy Golf The Players Championship Looking for a way to learn PGA DFS without jumping in with both feet? Then I have a perfect solution for you. This year Yahoo and Yahoo Fantasy are offering a $10,000 Freeroll called the “Yahoo Cup.” This contest awards a winner for weekly events and one winner at the end of the season who has the most cumulative points. That winner will receive $1,000. Ultimately, it comes down to picking the right golfers. Today I will provide my… Source link
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