Tag Archives: 2021s

A flurry of IPOs large and small have gone public during the pandemic, and some have been struggling more than others. Higher inflation and the likelihood of tighter monetary policy has beaten down the shares of many companies which went public last year, some of which have yet to report a profit. The biggest IPOs of 2021 and 2020, measured by the amount of money raised, shows shares of the top five initial public offerings of last year have fared worse than the largest ones to go public in… Source link

(Bloomberg) — Sea Ltd. aims to raise $6.3 billion in the largest equity offering of the year, a deal that will propel a global expansion and acquisitions for Southeast Asia’s largest company. The online gaming and e-commerce firm backed by Tencent Holdings Ltd. is offering 11 million shares, a stake worth about $3.8 billion at Wednesday’s close. It also intends to issue $2.5 billion of equity-linked debt. Sea, which has risen more than 70% this year, fell in post-marketing trading in New… Source link

Opening Day, time for renewal. Opening Day, time for hope. Opening Day, time for optimism. Let’s play a little Home Run Clue. Anyone else come up with Miguel Cabrera, in the snow, off Shane Bieber? If you did, please head to the Bonanza windows. Uncle Sam is your betting partner.  Baseball 2021 kicked off Thursday and for the most part, it was glorious. Cabrera grabbed the first sharable highlight of the season, unfazed by some nasty spring weather. Bieber tried to sneak a pitch on the… Source link

TipRanks 2 “Strong Buy” Penny Stocks That Could See Outsized Gains Well, it’s official. Joe Biden is now President, and he’ll be backed – at least for the short term – by Democratic majorities in both Houses of Congress. Wall Street is taking the measure of the new Administration, and sees, among its first moves, a boost in fiscal stimulus that is likely to goose consumer spending, bump corporate profits, and provide general economic support in the first half of 2021. Covering the… Source link