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Exodus From London To New York: Why More Companies Are Seeking US Stock Listings
Thursday, February 22, 2024 - 1:16pm | 831Read More...The U.K. stock market is leaking. Drugmaker Indivior Plc (NASDAQ:INDV), on Thursday, became the latest London Stock Exchange (LSE)-listed company to announce it was seeking a primary listing in New York. For some companies, it makes good sense commercially. Building materials supplier Ferguson Plc...
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SEC Delays Another Bitcoin ETF Decision. This Time It's Valkyrie
Wednesday, June 23, 2021 - 5:08pm | 303Read More...The United States Securities and Exchange Commission (SEC) delayed its decision on yet another Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) proposal. What Happened: According to documents released by the SEC on Tuesday, the regulator decided to postpone its decision on...
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EV Maker Fisker To Make NYSE Trading Debut Today After SPAC Merger
Friday, October 30, 2020 - 12:06am | 401Read More...Electric vehicle maker Fisker Inc announced Thursday it has completed a reverse merger with the blank check company Spartan Energy Acquisition Corp (NYSE: SPAQ). What Happened: Both companies will merge in a business combination to create a new entity whose Class A common stock will list...
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Multiplan To Go Public In A Merger Deal With SPAC Churchill Capital At $11B Valuation
Monday, July 13, 2020 - 2:49am | 329Read More...Multiplan on Sunday announced the company had reached a merger deal with special purpose acquisition company (SPAC) Churchill Capital III Corp. (NYSE: CCXX), which values the company at $11 billion. What Happened The merger will allow the healthcare solutions provider to go public without...
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Online Insurer Lemonade Raises $319M In IPO
Thursday, July 2, 2020 - 4:09am | 231Read More...Lemonade Inc. (NYSE: LMND) raised $319 million in its initial public offering on Wednesday. The online insurance company sold 11 million shares priced at $29 each. Underwriters for the IPO will have an option to purchase an additional 1.65 million shares in a 30-day window. Goldman Sachs Group Inc...
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Grocery Retailer Albertsons Plans To Raise $1.3B In IPO
Friday, June 19, 2020 - 7:38am | 378Read More...Albertsons on Thursday said it expected to raise up to $1.3 billion in its initial public offering. IPO Pricing The grocery retailer is hoping to sell 65.8 million shares priced between $18 and $20 per share. Underwriters for the IPO will have an option to purchase additional 9.87 million...
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More Market Makers To Be Allowed Back On The NYSE Floor Wednesday
Tuesday, June 16, 2020 - 8:21am | 256Read More...Intercontinental Exchange Inc. (NYSE: ICE) owned New York Stock Exchange is allowing more market makers to return to the trading floor after partially reopening May 26. What Happened 25% more market makers, who oversee trading in the exchange’s 2,200 listed firms, will be added to the trading...
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Hertz Wants To Capitalize On Its Stock Rally, Seeks Permission To Sell Up To $1B In Shares
Friday, June 12, 2020 - 1:22am | 330Read More...Hertz Global Holdings Inc. (NYSE: HTZ) wants to take advantage of a spike in its stock price registered early this week, selling up to $1 billion in shares. What Happened On Monday, the car rental firm shares jumped to $5.53. The shares had closed at a record low of 56 cents on May 26, after the...
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Hertz Stock Jump 115%, Erases Post-Bankruptcy Losses As Travel Revives
Tuesday, June 9, 2020 - 6:06am | 440Read More...Hertz Global Holdings Inc. (NYSE: HTZ) stock bounced higher on Monday with record volumes, continuing a three-day streak of gains after the car rental company declared bankruptcy as COVID-19 severely impacted travel. What Happened Hertz stock rose 115.18% to $5.53, with a volume of 553 million...










