
Affirm Raises $1.2B in IPO, AFRM Stock Soars 98% on First Trading Day
Within the IPO, Affirm has offered 24,600,000 shares of its Class A common stock. The offering will close on January 15.
Within the IPO, Affirm has offered 24,600,000 shares of its Class A common stock. The offering will close on January 15.
Tesla is planning to expand its operations in Asia’s second-largest economy and has already registered an office in India. The company is likely to start manufacturing its cars already in 2021.
The Chairman of Foxconn Technology Group stated that the partnership aligns with the company’s visions and reemphasizing the leading position Foxconn holds in today’s technology ecosystem.
General Motors is accelerating the development of all-electric vans produced by its new business unit BrightDrop. On the other hand, the company has also revealed its ambitions to bring flying car taxis into the market.
On key earnings and sales metrics, GE stock earned a poor EPS Rating of 11 out of 99. However, the stock still has strong, rising institutional support. Therefore, some experts recommend considering investing in GE stock instead of buying Bitcoin.
As per Zoom, the offering is “subject to market and other conditions, and there can be no assurances as to whether or when the proposed offering may be completed.”
SPCE stock went higher after the news that Virgin Orbit, Virgin Galactic’s sister company, is ready to re-launch a satellite into orbit.
The move by Bilibili to file for a secondary listing in Hong Kong is a clear manifestation of the tension between the United States and the Republic of China.
Although Snap did not disclose the financial side, it is expected that StreetCred will shut down its platform as part of the acquisition deal.
Despite the reported drop in the shares of Pinduoduo, the company is still seeing potential growth in other key aspects of its metrics.
The shares of Nio are bound to see bigger moves particularly with the firm’s readiness to throw its gauntlet in churning out advanced technologies.
TSLA stock price corrected as markets remained under pressure on Monday. However, Bofa Securities analyst still remains bullish on TSLA stock saying that it can enter an upward spiral anytime soon.
In a SPAC merger with Victory Park Capital, Bakkt plans to go public on the New York Stock Exchange (NYSE) at an estimated valuation of $2.1 billion. Bakkt parent ICE has pledged a $50 million initial investment.
While the proliferation of crypto mining firms is gradually taking the center stage, the duo of Riot Blockchain and Marathon Patent Group currently dominates the sphere and are backed up by investors’ money.
With a market capitalization of nearly $36 billion, Ford is up 0.11% over the past year. The company has jumped 5.80% in its year-to-date record.