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Affirm extends its 2-day post-IPO surge to 160%

5 days ago   |   By Business Insider

Affirm
Affirm continued its post-IPO winning streak on Thursday. The stock has now surged as much as 160% in just two days of public trading.
The online installment loan provider recently raised $1.2 billion in its initial public offering , selling 24.6 million shares for $49 each.
Since Affirm's founding, more than 6 million consumers have used the online lender to pay overtime.
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Affirm extended its two-day post-IPO streak on Thursday as shares surged 31% at intraday highs. The stock has now skyrocketed as much as...
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Churchill Capital Corp IV has surged 80% in just 4 days amid Lucid Motors merger talks

Churchill Capital Corp IV has surged 80% in just 4 days amid Lucid Motors merger talks

5 days ago   |   By Business Insider

Summary List Placement Churchill Capital Corp IV is continuing its meteoric rise on Thursday. Shares have surged nearly 90% in four days since investors first heard news the special purpose acquisition company may take the EV startup Lucid Motors public.
Now, Lucid has listed jobs like Director of Investor Relations and SEC Reporting Manager on its website's careers page , lending more credence to the news the company intends to go public via a merger with Churchill.
Former Citigroup man Michael Klein has been shopping his "blank-check" SPAC, Churchill Capital Corp IV, for some time in an...
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Churchill Capital Corp IV has surged 80% in just 4 days amid Lucid Motors merger talks

5 days ago   |   By Business Insider

Lucid Air.
Lucid
Churchill Capital Corp IV is continuing its meteoric rise on Thursday, with shares surging roughly 9%.
The SPAC's market cap now pushes $4 billion after shares shot up over 80% in the last four days.
Former Citigroup man Michael Klein may have found a winning partner in EV maker Lucid Motors.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
Churchill Capital Corp IV is continuing its meteoric rise on Thursday. Shares have surged over 80% in four days since investors first heard news the special purpose acquisition company may take the EV startup...
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Gumroad has no full-time employees, meetings, or deadlines - and the company...

Gumroad has no full-time employees, meetings, or deadlines - and the company still made $11 million and grew 85% year-over-year. Here's how they did it

Summary List Placement I started Gumroad in 2011. In 2015, we reached a peak of 23 full-time employees. In 2016, after failing to raise more money, I ended up back where I... Read more ...

Yellen pushes GOP senators on $1.9 trillion relief package

Yellen pushes GOP senators on $1.9 trillion relief package

WASHINGTON - Janet Yellen, President-elect Joe Biden's choice as Treasury secretary, said Tuesday that the incoming administration would focus on winning quick passage of its... Read more ...

The Latest: Canada expects reduction in vaccine deliveries

The Latest: Canada expects reduction in vaccine deliveries

TORONTO - Canadian officials say the country won't be getting any Pfizer-BioNTech COVID-19 vaccine next week and 50% less than expected over the next month. Read more ...

Trump Administration Declares China's Repression Of Uighurs 'Genocide'

Trump Administration Declares China's Repression Of Uighurs 'Genocide'

Secretary of State Mike Pompeo said China committed “genocide and crimes against humanity” toward Uighur Muslims. Read more ...

US stocks climb amid stimulus optimism ahead of Yellen hearing

US stocks climb amid stimulus optimism ahead of Yellen hearing

Summary List Placement US stocks rose on Tuesday as investors await Treasury Secretary nominee Janet Yellen's confirmation hearing in which she's expected to urge Congress to... Read more ...

Billionaire Chamath Palihapitiya says he's working on private funding for a...

Billionaire Chamath Palihapitiya says he's working on private funding for a new climate investment

Summary List Placement Billionaire Chamath Palihapitiya tweeted on Tuesday that he's working on private funding for a new climate investment. He did not specify further about... Read more ...

UK: 'Genocide' clause to China trade deals narrowly defeated

UK: 'Genocide' clause to China trade deals narrowly defeated

LONDON - British Prime Minister Boris Johnson narrowly avoided a defeat in Parliament on Tuesday after lawmakers voted against a controversial proposal seeking to bar trade... Read more ...

Vacation Rentals Peaked in 2020, Should Hotels Be Worried? - By Jeremy Razook

Vacation Rentals Peaked in 2020, Should Hotels Be Worried? - By Jeremy Razook

The vacation rental space peaked in 2020 in the United States. According to Google Trends, “vacation rentals” saw its most popularity this year than it had seen over the last... Read more ...

The Latest: UK records more than 90K COVID-19 deaths

The Latest: UK records more than 90K COVID-19 deaths

LONDON - The U.K. has recorded more than 90,000 coronavirus-related deaths, just ten days after it passed the 80,000 threshold. Read more ...

BlackBerry jumps 20% after settling patent dispute with Facebook

BlackBerry jumps 20% after settling patent dispute with Facebook

Summary List Placement BlackBerry shares spiked as much as 20% Tuesday after the company announced it settled a patent infringement suit with Facebook. The terms of the... Read more ...