
Snowflake IPO Left $3.8 Billion on the Table, Largest Amount in 12 years
Since the 2008 Visa IPO, Snowflake has so far made the largest “money left on the table”.
Since the 2008 Visa IPO, Snowflake has so far made the largest “money left on the table”.
The news about the victory in the lawsuit filed 2 years ago has pushed the price of Tesla (TSLA) stock higher.
Amid recent expansions, Apple has announced the commencement of its first online store in India on the 23rd of September. AAPL stock is up less than 1% in the pre-market trading.
Facebook shares reached their all-time high of $304.67 during the pandemic. However, yesterday the FB stock price went down.
According to BlackRock CEO Larry Fink, the company may never again have 100% office attendance. Fink thinks that the company will support 60-70% of its employees on a rotational basis.
The Dow Jones dipped by 130 points as tech stocks plummeted during the Thursday’s volatile trading session. Pharmaceutical stocks are doing better these days.
Herman Miller shares closed Thursday trading at $34.55 and were approximately 0.72% up during Friday’s pre-market. The company’s market capitalization is around $1.52 billion.
Moderna COVID-19 vaccine candidate dubbed mRNA-1273 has entered its late-stage trials. The company noted that as of Wednesday, September 16, 2020, about 25,296 participants have been enrolled.
Spotify shares added 57.04% year to date, jumping around 4.25% in the past three months.
As analysts predict, General Electric’s full-year cash burn will total about $2 billion, which means $1 billion in positive free cash flow over the second half of the year.
The Dow Jones Industrial Average rose 36.78 points, or 0.13%, to 28,032.38 yesterday. However, the index has now dropped 1.77% YTD.
After investing in BTC for the first time last month, MicroStrategy yesterday announced that it had purchased more Bitcoins.
The tech sector continues to push the markets higher on Tuesday along with better economic data coming out of China. The U.S. Industrial Production data for August shows 0.5% jump.
Following the announcement of Apple Fitness+, Peloton shares fell but managed to recover. Nevertheless, PTON fell over 6% in the last five days despite climbing more than 200% in 2020.
Tesla stock jump is being attributed to the fact that one of its biggest rivals, Nikola is facing fraud charges with the SEC.