May 10, 2024 Zeekr IPO: Stock price for China-based Tesla rival will be closely watched in NYSE debut today The initial public offering comes as Elon Musk’s EV company is facing increased competition from China automakers such as BYD. Here’s what to know. BY Michael Grothaus Today another electrical vehicle maker is going public in the … Continue reading Zeekr IPO: Stock price for China-based Tesla rival will be closely watched in NYSE debut today
May 02, 2024 Carvana stock price is soaring after the ‘best financial results in company history’ The online used-car retailer, which was close to bankruptcy just a few years ago, enjoyed skyrocketing profit in the first quarter of 2024. BY Michael Grothaus Shares of Carvana Co. are going through the roof in premarket trading this morning … Continue reading Carvana stock price is soaring after the ‘best financial results in company history’
May 01, 2024 Viking Holdings IPO: stock price cruises in NYSE trading debut For Viking, the timing is good: Travelers are increasingly starting to book cruises again. BY Tracy Brown Hamilton Shares of Viking Holdings (NYSE:VIK) surged over 10% on Wednesday as the Norwegian-founded, Swiss-headquartered cruise operator debuted on the stock market in one of the … Continue reading Viking Holdings IPO: stock price cruises in NYSE trading debut
April 25, 2024 Rubrik IPO: Stock price will be closely watched today as Microsoft-backed cybersecurity firm lists on NYSE The Palo Alto company is the latest tech startup to test Wall Street’s appetite at a time when investors are gravitating toward larger public offerings. BY Michael Grothaus While not as high-profile as the Reddit IPO, another … Continue reading Rubrik IPO: Stock price will be closely watched today as Microsoft-backed cybersecurity firm lists on NYSE
April 18, 2024 Ibotta IPO: Stock price closely watched today as Walmart-backed marketing platform lists on NYSE The Denver-based company, which works with popular retailers such as Best Buy and Home Depot, will further test investor appetite for tech-focused public offerings. BY Michael Grothaus Today, another tech company is going public. This time it’s Ibotta Inc, … Continue reading Ibotta IPO: Stock price closely watched today as Walmart-backed marketing platform lists on NYSE
March 11, 2024 Reddit IPO update: target stock price, shares on offer revealed as NYSE listing date nears The social media company anticipates a range between $31 and $34 a share in its closely watched initial public offering. BY Michael Grothaus Reddit’s initial public offering is getting closer, as evidenced by the company’s latest filing to … Continue reading Reddit IPO update: target stock price, shares on offer revealed as NYSE listing date nears
IBM share price spikes to 10-year high, boosted by AI demand Graeme Hanna / Last Updated: Jan 25, 2024 IBM enjoyed a 12% spike in its share price on Thursday on the back of a better-than-anticipated revenue forecast. The upturn represents a more than 10-year high, supported by strong demand for its artificial intelligence … Continue reading IBM share price spikes to 10-year high, boosted by AI demand
Etsy cuts 11% of staff and stock price tumbles Deanna Ritchie / Last Updated: Dec 13, 2023 The height of the holiday season is upon us, and Etsy is cutting 11% of its staff, looking to restructure the business and cut costs. Josh Silverman, Etsy CEO, said, “We must streamline costs against a “very … Continue reading Etsy cuts 11% of staff and stock price tumbles
By Michael Grothaus November 01, 2023 WeWork stock is plunging in pre-market trading on Wednesday after reports said the company is on the cusp of filing for bankruptcy. News of its impending bankruptcy announcement sent WeWork shares to an all-time low. Here’s what you need to know. What’s happened? (November 18, 2023) The Wall … Continue reading WeWork stock price falls to an all-time low after bankruptcy report
By Emily Price October 13, 2023 That Kallax bookshelf you’ve been eyeing at Ikea is potentially about to get a bit cheaper. The furniture and meatball purveyor was forced to raise its prices during the COVID-19 pandemic as the cost of raw materials rose. Now that supply costs have started to become more accessible, … Continue reading Ikea is cutting the price of furniture as customers feel more inflation pain
