2020 was a quite successful year for the IPO space and 2021 is going to be a very interesting year to observe as well.
JLR revealed that it would spend about $3.5 billion yearly on electrification technologies. The cost would also cover developing connected vehicle services.
In the new proposed law, Uber envisions an ecosystem that offers an “industry-wide level playing field” and sets a “consistent earnings baseline” for workers across different platforms.
The last days were not very successful for the FAANG stocks, however, Google and Netflix enjoyed some gains.
ING said that it is working on its loan provisioning as the provisions for bad loans dropped 51%. The slowdown in the economic activity also affected the bank’s total lending business.
The entire business model of Virgin Galactic is ambitious, as the company is working hard to make space travels a reality, not just for astronauts, but also for every global citizen.
According to Roblox’s recent filing with the SEC, the company now plans to go public in March instead of February.
Interestingly, Disney (DIS) stock jumped approximately 35% last year despite the coronavirus crisis.
The boost the shares of Bumble (BMBL) received on their public debut day comes amid the company’s plans to take the business globally.
Twitter stock jumped approximately 82% last year and has now added around 25% year-to-date.
Wall Street is not particularly bullish on cannabis companies. Only 2 out of 14 analysts have a buy rating on Tilray.
In its revised proposition submitted to the SEC, Bumble is planning to sell nearly 45 million equity shares for $37-$39 per share. The dating app is used in 150 countries worldwide with 42 million monthly active users.
J&J stock is set to significantly benefit if the United States FDA approves the company’s coronavirus vaccine for emergency use.
After raising funds in its Series E round, Reddit’s value has now reached $6 billion. Back in February 2019, its value was only $3 billion.
The newly-appointed CEO said Riot is “extremely well-positioned” to make efficient use of the opportunities ahead of the company.