It has been a rough year for speculative initial public offerings commanding unicorn valuations. While shares of Beyond Meat, Inc. (NASDAQ: BYND) are still handily above the initial public offering...
Related topics: Nasdaq, US Equity Markets
China's fastest-growing coffee enterprise, Luckin Coffee (NASDAQ: LK), surprised investors with another quarter of torrid growth on Wednesday, though bottom-line losses continued. In its second earnings release since its May 2019 IPO, the coffee...
Related topics: China, Nasdaq, US Equity Markets
Netflix (NASDAQ: NFLX) has been one of the giant growth stocks of the 21st century. It's up almost 27,000% since its IPO in 2002. That's not a Monster Beverage (a stock that is up 65,000% in that time frame), but it's still an incredible run....
Related topics: Disney, Netflix (NFLX), Nasdaq, US Equity Markets
“They need the money, they need that outside investment that is crucial to delivering ‘Vision 2030,'" David Petraeus told CNBC.
Related topics: Saudi Arabia, CIA, Cnbc
It's been a busy few months for Anheuser-Busch InBev (NYSE: BUD). The company just completed the IPO of its Asian unit, raising $5 billion as it continues to look for ways to pay down debt following its megamerger with SAB Miller. Then AB InBev...
Related topics: Anheuser-Busch, US Equity Markets
When e-commerce giant Alibaba carried out the world’s biggest IPO in 2014, the world got a rundown of the worries of China’s most valuable company. Five years on, as it prepares to raise more than $11 billion in Hong Kong, it’s...
Related topics: China, Censorship, Hong Kong
WeWork's Quarterly Loss Exploded To $1.3 Billion Ahead Of Failed IPO
WeWork went on a spending spree in the days ahead of its now failed IPO.
The recently insolvent company which until a few months ago had a valuation of $47 billion...
Few people have never even heard of YayYo. The company calls itself a "leading provider of vehicles to the rideshare industry," and now it has formally become a public company.
The financial year ending March 2018 was a blockbuster year for Indian IPOs. But it’s gone all downhill since then.
Of the 85 companies that had their initial public offerings (IPOs) in the past three financial years, a bulk of them (41)...
Related topics: India
Uber Technologies (NYSE: UBER) ended last week with a whimper. The ridesharing leader closed Friday at $27.01 -- 40% below its $45 May IPO price -- after its third-quarter earnings report showed the company continues to bleed cash profusely. The...
Related topics: US Equity Markets
All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.-- Warren Buffett Costco Wholesale (NASDAQ: COST) is one of the "good" companies. Co-founded by James Sinegal with one...
Related topics: Costco Wholesale, Warren Buffett, Nasdaq, US Equity Markets
Chesky, who unsurprisingly tried to make a distinction between the two companies, said WeWork was "a growing-up experience for a lot of founders."
My Two-for-Tuesday morning train reads:
• Will Global Jitters Dull the Glitter of New York’s Art Gigaweek? (NYT) See also $100 Million for a Painting? Not This Auction Week (Wall Street Journal)
• Aramco IPO Isn’t a Great Deal for Investors...
On May 8, 1886, John S. Pemberton created a drink called Coca-Cola (NYSE: KO). It was served nine times a day to the customers at a single soda fountain in Atlanta, Georgia. By 1895, Coke was consumed in every state of the country. By the time the...
Related topics: US Equity Markets
Initial public offerings (IPOs) get investors riled up for a reason -- they usually present an opportunity to invest in the growth stage of a business and to get in while that business is still on the ground floor. But investing in IPOs is also...
Related topics: Business Videos
Earlier in November, Saudi Arabia’s Capital Market Authority (CMA) approved the initial public offering (IPO) of the kingdom’s state oil giant Aramco, in a move that the CMA said would be valid for at least six months.
Related topics: Saudi Arabia
Bay Area Home Prices Continue Slide, Peak Is likely In
Mainstream financial media drummed up a narrative in 1H19 about how this summer's tech IPOs would lead to overnight millionaires across the Bay Area, and in return, would produce...
Shares of Beyond Meat (NASDAQ: BYND) fell 43.2% in October, according to data from S&P Global Market Intelligence, as investors digested both the plant-based meat leader's third-quarter 2019 results, as well as the expiration of its post-IPO...
Related topics: Nasdaq, US Equity Markets
China’s state-owned entities are in talks about investing $5 billion to $10 billion in Saudi oil giant Aramco’s planned initial public offering, Bloomberg reported on Wednesday, citing people familiar with the matter. Beijing-based Silk Road...
Related topics: China, Bloomberg, Beijing
After its failed IPO, WeWork's parent company is looking for a new leader who could right the ship, the Wall Street Journal reports.