ZoomInfo has repriced its IPO with a target to hit $890 million. This new projection is aimed at offering each share at $19 to $20 following boosted interests from investors.
Shares of Genius Brands continue rising ahead of the launch of its network brand “Kartoon Channel” later this month.
Hester Peirce, a U.S. SEC commissioner, has been nominated for a second term. She became a popular crypto advocate after her public objection of SEC’s disapproval of the Bitcoin exchange-traded fund application.
In April, the U.S. unemployment rate grew to 14.7%, the worst since the Great Depression. In May, the unemployment rate growth was not as high as analysts predicted, and it seems the worst is probably behind.
Playtika has hired banking giants like Morgan Stanley and others to underwrite the IPO. Sources said that Playtika is looking to going public later this year or early 2021.
After the industry data showing fewer job losses than expected, investor sentiment turns positive on account of reopening the economy after a long lockdown period. Some analyst think that the period of U.S. economic recession is over.
The acquisition talks between Western Union and Moneygram are going on. Here’s how Ripple Labs and XRP token can be affected by this deal.
Microsoft (MSFT) stock price is slightly down today. Will Microsoft Corporation manage to become a $2 trillion-dollar company within two years?
Snap stock rose but fell again after the company launched Dynamic Payment Ads in Europe, Australia and the Middle East. Despite this milestone, the stock is still not tipped for future investments.
Warner Music has revealed its IPO pricing today. The stock is priced at $25 a share, the higher end of its $23 to $26 price range.
Western Union (WU) stock rose by 11% amidst the talks on the acquisition of MoneyGram. While the acquisition is nor confirmed officially, the news has stirred positive reactions in the market.
Zoom’s Q1 earnings far outnumbered analysts’ expectations, appeasing investors and leading to Zoom stock surge. In pre-market today, Zoom (ZM) stock has jumped by 1.88% to $212.00.
While Wall Street still undervalues Wayfair, its stock has rocketed about 800% since its bottom of $23.52 in March. On Tuesday, Wayfair (W) stock ended the trading session 12.87% up, $188.63 per share.
With major states in the U.S. lifting the lockdown, traders showed optimism over kickstarting the economy. So far, the market has ignored the civil unrest after riots broke out following George Floyd’s death. Analysts think that if this continues further, it can deter consumer confidence.
Gap (GPS) stock is in the green after JPMorgan upgraded it to neutral from underweight. The stock has managed to gain around 28% in May as the economy started to reopen step-by-step.