Sierra Nevada Corporation (SNC) is one of America’s lesser-known privately owned makers of military hardware — even though it makes everything from ground vehicles to airplanes to spacecraft. It’s not a large company. According to our good friends at S&P Global Market Intelligence, SNC has only about 5,000 employees, only a few more than work […]
Zeekr Intelligent Technology (ZK) scored a big first-day pop after a $5.5 billion U.S. initial public offering Thursday. While Zeekr stock rocketed, other China EV stocks tumbled. On Friday, reports said that President Joe Biden is expected to impose fresh tariffs on Chinese electric vehicles and trade as early as next week. Existing tariffs have […]
Financial regulators permanently banned the accounting firm that the parent company of Donald Trump’s media platform hired in an enforcement action after an investigation revealed that the firm wasn’t really conducting audits and instead just pasted old work into new papers and forged the date. The investigation results did not include work performed for the […]
Puig Group owns the Paco Rabanne, Nina Ricci, Charlotte Tilbury and Carolina Herrera labels and also holds a majority stake in Jean Paul Gaultier (FRANCOIS GUILLOT) The iconic Nina Ricci, Paco Rabanne and Jean-Paul Gaultier labels make their market debut Friday as Spanish fashion and beauty group Puig begins trading on the Madrid stock exchange. […]
The roadshow pitch from Rubrik (RBRK) ahead of its Thursday IPO: In the fast-paced world of AI, we can protect data — and eventually make a load of money doing it. Said pitch worked. Rubrik stock surged 17% to $37 by the close of a rocky day on Wall Street, a sizzling response to another […]
Social media platform Reddit (RDDT) soared more than 120% from its IPO price following its March 21 debut. Following the successful initial public offering, is Reddit stock a buy in today’s stock market? X This week, Reddit stock has been finding support around the 45 price level amid the type of volatile trading often seen […]
Artificial intelligence powerhouse Nvidia (NVDA) joins Super Micro Computer (SMCI), Arm Holdings (ARM) and Netflix (NFLX) among stocks to watch with a 99 Composite Rating, the highest-possible score. IPO Leader CAVA Group (CAVA), as well as fellow restaurant stock Texas Roadhouse (TXRH), also command a seat at that table. X And they’re not alone. In total, […]
Reddit CEO Steve Huffman and other top executives and board members late Wednesday disclosed share sales, just a week after the social network had in its initial public offering. RDDT stock fell overnight. X Reddit CEO Steve Huffman sold 500,000 shares on Monday at an average $32.30 price, receiving $16.15 million. CFO Vollero Andrew sold […]
HONG KONG (AP) — Alibaba Group Holding on Tuesday said it had scrapped plans to list its logistics unit Cainiao in Hong Kong, as it looks to prioritize growing its e-commerce business while facing challenging IPO market conditions. Alibaba said Tuesday that it was withdrawing its initial public offering and listing application, and instead proposes […]
Investors may have big-buzz IPO Leaders like Cava Group (CAVA), Duolingo (DUOL), Monday.com (MNDY) and Dutch Bros (BROS) on their radar. But what about BBB Foods (TBBB), the Mexican “hard discount” grocery retailer that just had its initial public offering in February and already earns a spot on this screen? X BBB Foods, or 3B, […]
Reddit’s (RDDT) IPO marks the first major company to go public in 2024. But experts don’t think it will bring a grand reopening of the IPO market, which has cooled off since 2021. “I don’t think there’s going to be a boom,” said University of Florida Warrington College of Business professor Jay Ritter, who studies IPOs. […]
Reddit priced its initial public offering at $34 per share, the higher end of its expected range, valuing the social media platform at roughly $6.4 billion. The company’s debut on the New York Stock exchange on Thursday has been highly anticipated given the lull in public listings over the past two years. Reddit is the […]