With the tech industry flying high amid the pandemic, the pace of new IPOs and interest in them has been fast and furious. Recent debuts have set a new bar for ludicrous valuation. Snowflake (NYSE: SNOW), for example, is trading for well over 100...
Related topics: US Equity Markets
Here are three of the week's top pieces of financial insight, gathered from around the web:
'Low volatility' bets backfire"An investment strategy for reducing risk in the long run" has largely failed in the pandemic, said Jason Zweig at The Wall...
Since IPO'ing via a reverse merger into a special purpose acquisition company (SPAC) 10 months ago, space tourism company Virgin Galactic (NYSE: SPCE) has reported quarterly earnings a total of three times. The first time, it reported a $73 million...
Related topics: US Equity Markets
It may seem like any other Saturday in the middle of a pandemic, but this also happens to be the one-year anniversary of the day Peloton Interactive (NASDAQ: PTON) went public. The now eponymous brand in the booming home fitness market hit the...
Related topics: Anniversaries, Nasdaq, US Equity Markets
I was a little late to the party in buying Guardant Health (NASDAQ: GH). After watching the stock soar during the latter part of 2018 and the first half of 2019, I finally jumped in to scoop up shares in July of last year. I'm glad I did.But do I...
Related topics: Nasdaq, US Equity Markets
The initial public offering (IPO) of GoodRx (NASDAQ: GDRX) this week drew significant investor interest. Shares jumped almost 50% in the first day of trading, from an already lofty IPO price of $33. Beyond its strong revenue growth and earnings,...
Related topics: Nasdaq, US Equity Markets
The road to an initial public offering, or an IPO, can be long and winding, let alone a real distraction for a company trying to deliver its breakthrough products in a highly competitive environment. And at the end of that road, the company may end...
I’ve been described a time or two as a nice person. I am pretty sure it was meant as a compliment. But in Silicon Valley, it’s hard to be sure.Outspoken Peter Thiel’s Palantir appears headed for an IPO as he wears complaints about his views...
Related topics: Silicon Valley
The new platform will allow users, including small and medium enterprises (SMEs), to upload trading orders and generate automatic smart contracts, with both buyers and sellers processing the payments via Antchain, the company said.
Related topics: Blockchain
U.K.-based delivery company Deliveroo, which has recently seen major investments from Amazon (NASDAQ: AMZN), might be preparing to launch an initial public offering (IPO) on the stock market in 2021, according to unnamed sources who spoke to several...
Related topics: Amazon, Amazon (AMZN), Nasdaq, US Equity Markets
In this episode of Market Foolery, Chris Hill chats with Motley Fool contributor Dan Kline about the latest headlines from Wall Street. They discuss a recent IPO and why they think IPOs are risky. They talk about the latest game consoles to figure...
Initial public offering (IPO) season is in full swing. A bunch of young, private companies are actively pitching potential public investors on the future prospects of owning a piece of their vision. Some will succeed and others will fail.To bolster...
In the world of IPOs, the company everyone has been talking about lately is Snowflake (NYSE: SNOW), the cloud data warehousing specialist whose stock more than doubled on its first day of trading last week. But the healthcare industry just had an...
Related topics: US Equity Markets
During the week’s news cycle one particular bit of reporting slipped under our radar: Root Insurance is tipped by Reuters to be prepping an IPO that could value the neo-insurance provider at around $6 billion.
Coming after two 2020 insurtech...
Related topics: Startup, Reuters
Emerging consumer products provider Laird Super Food was another initial public offering making a big splash in the market on Wednesday.
Related topics: Gold
Few companies have gone from almost complete anonymity among retail investors to huge buzz like Snowflake (NYSE: SNOW) has over the past couple of months. With the incredible run cloud computing stocks have had this year, interest in Snowflake...
Related topics: US Equity Markets
Shares of Snowflake (NYSE: SNOW) recently debuted with a bang, closing its first day of trading 111% higher than its initial public offering price of $120 per share, and raising about $3.4 billion in the largest software IPO ever. For many...
Related topics: US Equity Markets
This year will be remembered for lots of things. The COVID-19 pandemic, of course. The wild stock market roller coaster ride. The most named tropical storms in history.But 2020 will also be known as a great year for initial public offerings...
Initial public offerings from consumer-focused digital healthcare platforms have been terrific sources of gains for investors in 2020, and there's another big one on the way. Shares of GoodRx (NASDAQ:GDRX) are expected to begin trading soon, and...
Related topics: Nasdaq, US Equity Markets
Palantir Technologies, the data-mining firm that serves the U.S. government and large enterprise clients, plans to go public in late September. The 17-year-old company was valued at $20 billion after its last funding round, and it will sell some of...