Trading

Petco Is A Winner On Its First Day Of Trading

6 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

6 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

6 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

6 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

6 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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Biden is Sworn In and Stocks Rally to New High

Biden is Sworn In and Stocks Rally to New High

Big day in Washington as Joe Biden was sworn in as the 46th president. As I always advice investors, don't confuse your politics with the market. For its part, the S&P 500... Read more ...

Wall Street hits records as hopes build for more stimulus

Wall Street hits records as hopes build for more stimulus

Stocks rallied to record highs on Wall Street as traders hoped that new leadership in Washington will mean more support for the economy, which is still reeling from joblessness... Read more ...

Biden Order Blocks Keystone XL Pipeline

Biden Order Blocks Keystone XL Pipeline

This likely means the end of the $8 billion pipeline, a years-long project that would have carried oil sands crude from Alberta, Canada to the American Gulf Coast. Read more ...

Wall Street hits records amid profit reports, DC changeover

Wall Street hits records amid profit reports, DC changeover

NEW YORK - U.S. stocks are rallying to records Wednesday on stronger-than-expected earnings reports and continued optimism that new leadership in Washington will mean more... Read more ...

Instagram Guides: Here's Everything You Need to Know

Instagram Guides: Here's Everything You Need to Know

FACT: Instagram Guides is still a relatively new feature. Well, sort of. Guides launched in May last year but only a selected number of experts and creators, typically... Read more ...

Biden To Extend Order Limiting Pandemic Evictions

Biden To Extend Order Limiting Pandemic Evictions

On his first day in office, the president plans to sign an executive order extending the CDC's moratorium on evictions. Housing advocates say the CDC rule needs to be strengthened. Read more ...

Peter Thiel and his Silicon Valley allies advised Trump to pardon Anthony...

Peter Thiel and his Silicon Valley allies advised Trump to pardon Anthony Levandowski, the ex-Google engineer who pleaded guilty to stealing trade secrets and faced 18 months in prison

Summary List Placement Upon the advice of venture capitalist Peter Thiel and those close to him, Donald Trump pardoned Anthony Levandowski, the former Google executive who was... Read more ...

Short-seller Jim Chanos transitioned his Tesla short position into put...

Short-seller Jim Chanos transitioned his Tesla short position into put options to limit his downside

Summary List Placement Famed short-seller Jim Chanos remains short Tesla, but is now utilizing options for the exposure rather than directly short-selling shares. "We... Read more ...

Cultivating Connections in a Competitive Market

Cultivating Connections in a Competitive Market

This article first appeared in Real Estate magazine's special-edition Women in Real Estate issue. View the entire issue here . BoomTown's diverse, effective and user-friendly... Read more ...

How much does TurboTax cost? Here's how much you'll pay to prepare and file...

How much does TurboTax cost? Here's how much you'll pay to prepare and file your tax return

Summary List Placement TurboTax is one of the most popular tax software providers, but it's not the cheapest. There is a free version that supports W-2 income, unemployment... Read more ...