Tag Archives: debut

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

By Echo Wang    NEW YORK, April 13 (Reuters) – Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc , projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.    The reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday.    Coinbase shares are set to start trading… Source link

Bloomberg One of World’s Greatest Hidden Fortunes Is Wiped Out in Days (Bloomberg) — From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes.Even on Wall Street, few ever noticed him — until suddenly, everyone did.Hwang and his private investment firm, Archegos Capital Management, are now at the center of one of the biggest margin calls of all time — a multibillion-dollar fiasco involving secretive… Source link

The Telegraph ‘It needs to be penalised’: Scourge of slow play clouds golf again As thousands of golfers returned to courses across England on Monday, a familiar row erupted amid the fallout to Sunday’s painfully slow WGC Dell Match Play conclusion. In the third consecutive all-American final, Billy Horschel recovered from an early deficit to beat Scottie Scheffler 2&1 at Austin Country Club and secure first prize of £1.3 million. Horschel had earlier beaten France’s Victor Perez 3&2 in the… Source link

By Scott Murdoch and Donny Kwok HONG KONG (Reuters) – Bilibili Inc, which is backed by Alibaba Group, closed 1% below its listing price in its Hong Kong trading debut on Monday as analysts said a U.S. regulatory crackdown on listed foreign firms hit enthusiasm for the Chinese online video site. It was the worst start in the city in six months by a major stock listing. Bilibili debuted 2.2% lower, and trade down by 6.7% before it recovered to close at HK$800 a piece. The company raised HK$20.2… Source link

(Bloomberg) — Digital games company Roblox Corp., transformed into a cultural icon during the coronavirus pandemic, made its public debut Wednesday with its shares rising 7.8% from its opening price. Roblox is one of the few companies that have gone public through a direct listing, an alternative to an initial public offering in which the shares begin trading without the company issuing new stock. The company’s shares, which opened trading at $64.50 apiece, closed at $69.50 in New York,… Source link