Trading

Petco Is A Winner On Its First Day Of Trading

2 days ago   |   By Forbes

Petco convinced Wall Street today that it is a radically transformed retailer poised for growth.
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Poshmark surges 150% on its first day of trading after $277 million IPO

Poshmark surges 150% on its first day of trading after $277 million IPO

2 days ago   |   By Business Insider

Summary List Placement Poshmark surged as much as 150% on Thursday as the second-hand goods provider made its public-market debut.
The company's shares quickly jumped above the offering price of $42. This comes after Poshmark had initially marketed its shares in a range between $35 to $39.
The Redwood-city based company raised $277 million by selling 6.6 million shares in its initial public offering. Poshmark's listing was led by the likes of Morgan Stanley , Goldman Sachs Group Inc. , and Barclays Plc .
Poshmark boasts one of the most successful online second-hand good marketplaces with...
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Poshmark surges 150% on its first day of trading after $277 million IPO

3 days ago   |   By Business Insider

Rafael Henrique/SOPA Images/LightRocket via Getty Images
Poshmark soared as much as 150% on Thursday after going public Wednesday
The online marketplace for second-hand goods raised $277 million IPO Wednesday, selling 6.6 million shares for $42 apiece.
Poshmark's leap continues the trend of massive investor demand for IPOs and SPACs, the company trades under the ticker "POSH" on the Nasdaq Global Select Market.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
Poshmark surged as much as 150% on Thursday as the second-hand goods provider made its public-market...
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Petco soars 73% in first day of trading after raising $817 million

Petco soars 73% in first day of trading after raising $817 million

3 days ago   |   By Business Insider

Summary List Placement
Petco soared as much as 73% in its first day of trading on Thursday.
The pet-centric retailer raised $817 million in its IPO debut after its shares priced at $18.
The IPO frenzy has continued into 2021 following the trading debut surges of Affirm and PoshMark.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
Petco soared in its first day of trading on Thursday, leaping as much as 72% in initial trades after raising $817 million in proceeds. The company priced its IPO at $18 per share and sold 48 million shares.
The Pet Care company operates...
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Petco soars 73% in first day of trading after raising $817 million

3 days ago   |   By Business Insider

AP Photo/Tony Dejak
Petco soared as much as 73% in its first day of trading on Thursday. The pet-centric retailer raised $817 million in its IPO debut after its shares priced at $18. The IPO frenzy has continued into 2021 following the trading debut surges of Affirm and PoshMark. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Petco soared in its first day of trading on Thursday, leaping as much as 72% in initial trades after raising $817 million in proceeds. The company priced its IPO at $18 per share and sold 48 million shares. The Pet Care company operates...
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UK aims to give 1st COVID-19 shot to all adults by September

UK aims to give 1st COVID-19 shot to all adults by September

LONDON - The U.K. government plans to offer a first dose of COVID-19 vaccine to every adult by September as the nation's health care system battles the worst crisis in its... Read more ...

Threat of inauguration violence casts a long shadow over social media

Threat of inauguration violence casts a long shadow over social media

As the U.S. heads into one of the most perilous phases of American democracy since the Civil War, social media companies are scrambling to shore up their patchwork defenses for... Read more ...

The Latest: Biden aide says virus vaccine plan on track

The Latest: Biden aide says virus vaccine plan on track

WASHINGTON - Incoming White House chief of staff Ron Klain says the coronavirus pandemic will get worse before it gets better, projecting another 100,000 deaths from COVID-19... Read more ...

After Trump's Twitter ban, critics want other populists like Brazil's Jair...

After Trump's Twitter ban, critics want other populists like Brazil's Jair Bolsonaro and India's Narendra Modi booted from social media

Summary List Placement President Trump's social media ban has opened a can of worms for tech firms who face calls from activists and academics to clamp down on other populist... Read more ...

Cryptocurrencies and SPACs show signs of 'irrational exuberance,' but the...

Cryptocurrencies and SPACs show signs of 'irrational exuberance,' but the stock market is not in a bubble, says UBS

Summary List Placement UBS's Mark Haefele said in a Friday note that while cryptocurrencies and SPACs show signs of "irrational exuberance," investors shouldn't worry that the... Read more ...

One measure of unemployment suggests Biden's $1.9 trillion stimulus plan...

One measure of unemployment suggests Biden's $1.9 trillion stimulus plan could do more harm than good, says one top Wall Street strategist

Summary List Placement The US economy is receiving fresh fiscal support after months of plodding negotiations. But one measure of the labor market suggests the massive stimulus... Read more ...

Kamala Harris will resign from her Senate seat on Monday ahead of...

Kamala Harris will resign from her Senate seat on Monday ahead of inauguration as vice president

Summary List Placement Vice President-elect Kamala Harris will resign from her Senate seat on Monday, two days before a historic inauguration where she and President-elect Joe... Read more ...

FINDING A JOB IN 2021: Your guide to making big career moves and landing the...

FINDING A JOB IN 2021: Your guide to making big career moves and landing the role you've always wanted

Summary List Placement To put it lightly, job searching during a pandemic can be a challenge. Worldwide lockdowns have forced remote work, and the resulting recession has... Read more ...

I'm a business coach who made $400,000 while pregnant with my first child...

I'm a business coach who made $400,000 while pregnant with my first child. Here are 5 strategies I lived by to balance motherhood and running a company

Summary List Placement When I discovered I was pregnant with my first child in January, I remember being terrified. I was excited about being a mom, but - as a female... Read more ...

US small-cap stocks have raced ahead of their bigger peers in 2021. Experts...

US small-cap stocks have raced ahead of their bigger peers in 2021. Experts say a number of factors could send them higher

Summary List Placement The stock market recovery from the coronavirus crash in the spring of 2020 was all about the biggest US names: Amazon, Apple, Facebook, Google, and... Read more ...