Tag Archives: debut

By Sohini Podder    (Reuters) -Shares of Sprinklr Inc, which counts Microsoft Corp and Verizon Communications Inc as customers, fell nearly 9% in their U.S. stock market debut on Wednesday, valuing the software startup at about $3.7 billion.    The New York-based company, backed by private equity firm Hellman & Friedman, raised $266 million in its downsized initial public offering on Tuesday. (https://bit.ly/3gVux0R)    Shares opened at $14.60, compared with Sprinklr’s IPO price of $16… Source link

Bronny James made his return Friday night for Sierra Canyon in front of his father and Drake. (Krysten Peek/Yahoo Sports) CHATSWORTH, Calif. — Los Angeles Lakers star LeBron James didn’t make the second round of the NBA playoffs for the first time in 14 seasons after the Phoenix Suns eliminated the defending champions in six games last week. The Los Angeles Clippers are still in the playoffs (and playing at home tomorrow night) but it was the CIF Southern Sectional Finals between Sierra… Source link

Benzinga AMC & GME are Not the Only Reddit Penny Stocks to Buy According to Top Wall Street Analysts If you’re looking for penny stocks to buy right now, I’m sure you’ve seen plenty of attention placed on social media, namely Reddit. The phenomenon that began earlier in the year thanks to GameStop (NYSE: GME) stock has caused an avalanche of trading activity spilling over into other heavily shorted names. Whether you’re talking about beaten-down meat alternative stocks like Beyond Meat… Source link

Bloomberg Ex-High School Classmates Are Among the World’s Largest Crypto Holders (Bloomberg) — Kyle Davies and Su Zhu started Three Arrows Capital at the kitchen table of their apartment in 2012. Now they’re among the world’s biggest crypto holders with a portfolio worth billions of dollars.At least for the moment.Their portfolio was rocked in recent days as environmental concerns over mining, regulatory scrutiny, warnings by Chinese authorities about digital currency payments and a… Source link

Wall Street benchmarks advanced on Thursday, with investors reacting to jobless claims falling to a new COVID-19 era low, but wary of rising inflation may force the Federal Reserve to normalize monetary policy sooner rather than later.   Good news on the labor market came from government data that showed workers filing for new unemployment benefits fell further below 500,000 in the latest week. Jobless claims set their lowest levels in more than a year as the labor market continued to heal… Source link

DK Metcalf didn’t embarrass himself in his professional track debut. The Seattle Seahawks wide receiver showed on Sunday that he doesn’t have world-class speed but he’s also more than merely football fast. In his first track meet since he began training to try to make next month’s U.S. Olympic Trials, Metcalf failed to advance out of his semifinal heat at the Golden Games and Distance Open in Walnut, Calif. Metcalf’s time of 10.37 seconds was very respectable given his size and limited… Source link

Actress Jessica Alba’s eco-friendly personal care products brand Honest Co. (HNST) surged 44% in its trading debut on the Nasdaq. Shares of Honest Co. sold for $16 in their initial public offering to close at $23 per share in trading Wednesday, giving the company a market value of about $2.1 billion. Honest CEO Nick Vlahos told Yahoo Finance Live that the successful IPO was a “validation” of the company’s strategy. “We’re a mission driven brand. We are at the forefront of this kind… Source link

MindMed’s (MNMD) Nasdaq debut Tuesday made it the second psychedelic drug developer to be listed on a major U.S. stock exchange. UK-based Compass Pathways (CMPS) went public on the Nasdaq in September, while last week Peter Thiel-backed ATAI Life Sciences filed for an IPO. Just a year ago, New York-based MindMed was a penny stock on the over-the-counter market.  Shares fell 29% in their first day of trading on the Nasdaq, but that’s after they ran up 65% Friday and 33% Monday on the OTCQB… Source link

Bloomberg Coinbase Hits $100 Billion Then Slips in Landmark Crypto Listing (Bloomberg) — Cryptocurrency exchange Coinbase Global Inc. soared above a $112 billion valuation in its trading debut Wednesday, then slipped back below its opening price as Bitcoin fell from record highs and tech stocks fell across the board.The massive valuation, which dwarfs more traditional financial companies including Intercontinental Exchange Group Inc. and Nasdaq Inc. itself, is a landmark moment for the crypto… Source link

(Updates shares, adds comments from Coinbase CFO) By Echo Wang April 14 (Reuters) – Cryptocurrency exchange Coinbase Global Inc was valued at almost $100 billion in a Nasdaq debut on Wednesday that marked another milestone in the development of bitcoin and other digital assets. The company’s stock market debut, done through a direct listing where no shares are sold ahead of the opening, comes amid a surge in the value of cryptocurrencies which has lured a clutch of mainstream, top-tier firms… Source link